Change it’s name to “America’s Warning” and maybe it will fix itself
Global Warming is getting to the point where the US government will probably need to step in as insurers start going under. This is pretty fucking scary considering it’s Trump and he’s likely going to fuck over California home owners out of spite.
I hope those affected by the fire carefully consider global warming when choosing where and how to rebuild.
With tariffs and deporting labor, I’m not sure if many will be able to afford rebuilding.
Nope, just let every single insurance company go under.
No bailouts, no assistance, just kill the entire insurance industry please.
Home insurers aren’t going under. They are simply going to leave California.
CA keeps all the small, controllable forest fires from happening, ensuring flammable material builds up in our forests. Then we get a mega fire that cannot be stopped which tears through everything. CA’s forest management policies have been fucked for decades.-
There’s no such thing as a small controlled fire alongside a hill that homes have been built into.
There’s no way back from this other than not rebuilding those areas so they can be maintained.
Additionally, with winds up to 100mph and humidity below 20%, you can barely keep homes from burning, much less any sort of vegetation.
But don’t worry, we’ll all be slinging the same mud again next season when hurricanes wipe out some coastal populations.
Yup. 10 years ago controlled burns would have helped.
Now it’s too late.
More like 50+ years before they were built up.
Nationally, large insurance companies net an average profit of 4.2 percent on insurance transactions. In California, they lose more than 6 percent.
So why do they offer insurance in California at all?
Most of them are leaving. I think the ones remaining rely on bundling with other insurance or services.
They will have to charge more. Get ready for the 10+% rate increase next year if you live in CA.
10% is low. Look for 50-100%, or worse.
Slap some tariffs on it and I am it will all work out.
