Zone1 Climate change raising risks of financial disaster for homeowners, insurers and bankers

[Penelope]

Climate change raising risks of financial disaster for homeowners, insurers and bankers

The rising weather-related risks from climate change, from coastal hurricanes to western wildfires, are increasingly pinching insurance companies, which are raising rates and pulling back from part…

thehill.com

 

[Couchpotato]

View attachment 822752

Climate change raising risks of financial disaster for homeowners, insurers and bankers

The rising weather-related risks from climate change, from coastal hurricanes to western wildfires, are increasingly pinching insurance companies, which are raising rates and pulling back from part…

thehill.com

Does this have to be debunked every time there is a hurricane or some other natural disaster?

 

[SweetSue92]

That's not climate change. It's weather.

 

[1srelluc]

Building in hurricane, flood, and fire prone areas has everything to do with it.

Take Phoenix, build on the surface of the sun and wonder why it gets hot.....All such build-outs are monument to the arrogance of man.

Mother Nature has a way of coming along and reminding folks of that every now and again.

 

[DGS49]

Every homeowners insurer must take these factors into consideration. It may be that some popular areas become non-feasible as home sites. If you can't get homeowners insurance, you can't get a mortgage loan, and you can't buy the house. Simple as that.

Federally back flood insurance is one of the best examples of "welfare for the rich." If it were not for this massive subsidy, people could not build on these precarious water-front sites, and it's only rich people who have the means to do so.

 

[expat_panama]

View attachment 822752

Climate change raising risks of financial disaster for homeowners, insurers and bankers

The rising weather-related risks from climate change, from coastal hurricanes to western wildfires, are increasingly pinching insurance companies, which are raising rates and pulling back from part…

thehill.com

Please tell me why the recent fires in Hawaii are climate change, and the reduced risk from fire because of hurricane rain in California is not climate change.

 

[JGalt]

 

[Flash]

Piss on your climate change. Just have a beer and chill out.

 

[LeroyDumonde]

Hurricanes are in decline. The exact opposite of what the global warming bedwetters predicted. BTW, the same is true for droughts.

 

[Augustine_]

Does this have to be debunked every time there is a hurricane or some other natural disaster?

You could start by being the first to ever do it

 

[Couchpotato]

You could start by being the first to ever do it

So the fact that the number of storms isn’t increasing to any significant degree isn’t proof?

 

[Couchpotato]

You could start by being the first to ever do it

Number of tropical cyclones worldwide 1980-2022 | Statista

In 2022, there were 87 named storms registered worldwide, down from 94 storms in the previous year.

www.statista.com

Since 1980 the number of storms goes up and down by a couple but there’s no trend of them increasing over time.

 

[Flash]

Here is a map of pre 1900 hurricanes

Climate change my ass

This list of Florida hurricanes prior to 1900 extends back to 1523 and encompasses 180 North Atlantic hurricanes and tropical storms known to have affected Florida. Since the start of the Atlantic hurricane database in 1851, there were only eight years in which no tropical cyclone affected the state. Collectively, tropical cyclones in Florida resulted in at least 6,504 fatalities and monetary damage of over $90 million (2008 USD). At least 109 boats or ships were either driven ashore, wrecked, or damaged due to the storms.

https://www.aoml.noaa.gov/hrd/Landsea/history/index.html

 

[Couchpotato]

Here is a map of pre 1900 hurricanes

Climate change my ass


View attachment 822881


This list of Florida hurricanes prior to 1900 extends back to 1523 and encompasses 180 North Atlantic hurricanes and tropical storms known to have affected Florida. Since the start of the Atlantic hurricane database in 1851, there were only eight years in which no tropical cyclone affected the state. Collectively, tropical cyclones in Florida resulted in at least 6,504 fatalities and monetary damage of over $90 million (2008 USD). At least 109 boats or ships were either driven ashore, wrecked, or damaged due to the storms.

https://www.aoml.noaa.gov/hrd/Landsea/history/index.html

Yeah but we’re any of them FIRECANES?

 

[Flash]

Yeah but we’re any of them FIRECANES?

You mean when the flood waters causes a vehicle with a L-I battery to burn up?

 

[Couchpotato]

You mean when the flood waters causes a vehicle with a L-I battery to burn up?

LOL

 

[badbob85037]

View attachment 822752

Climate change raising risks of financial disaster for homeowners, insurers and bankers

The rising weather-related risks from climate change, from coastal hurricanes to western wildfires, are increasingly pinching insurance companies, which are raising rates and pulling back from part…

thehill.com

Wild fires are growing because of an increase in idiots. You have your basic low life, Leftist, Bozo, idiots hanging at government offices and food banks or their home under the overpass, next to the scrap yard, by the tallest garbage pile, on the South side. You have the Gavin Newsom scum sucking 'Man of the Idiots' and an idiot himself, knows what he's talkin about but with all the fraud California has no money to clear their wooded area of brush and discarded explosives or reduce the number of meth labs in the state.