By Scott Cohn 2 July 2024 (CNBC) – An insurance crisis that has sent premiums skyrocketing and caused carriers to flee coastal states like Florida and California is spreading, and it is fundamentally changing the real estate market in states across the country. “Not only is the cost higher than people anticipated, but just the inability to […]
By Meredith Garofalo 13 June 2024 (Space.com) – Two severe weather events in May brought the number of billion-dollar disasters for the United States in 2024 up to nearly a dozen. The month began with a tornado outbreak from May 6 to May 10 that stretched across 23 states, going from South Dakota to Florida. […]
24 May 2024 (Reuters) – The unexpected storm surprised locals as hail accumulated up to several feet in some areas, transforming streets into icy rivers. The hailstorm caused widespread damage to some homes, blocking roads and knocking down trees. In the aftermath of the storm, residents were seen shoveling ice and mud in amazement at […]
By Jake Bittle 16 May 2024 (Grist) – The rising cost of homeowner’s insurance is now one of the most prominent symptoms of climate change in the United States. Major carriers like State Farm and Allstate have pulled back from offering fire insurance in California, dropping thousands of homeowners from their books, and dozens of small […]
