$120 billion in insurance losses in 2022
Jan. 17—Has your personal property insurance rate gone up in the past year? What might cause those rates to balloon? I'll tell you — property losses that are occurring in other areas of the nation that are experiencing disasters.
Here's a tally of losses for 2022, above the
As noted in the linked article above, "'Weather shocks are on the rise,'
Too bad that
The long-term outlook is more disasters, larger disasters, disasters that are of longer duration, and they will cost more!
Note, I have already heard a story where developers are snatching up properties that were decimated by Hurricane Ian along the
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