Natural disasters—like Hurricane Andrew, which tore through Florida in 1992—are becoming increasingly common, and the US insurance industry is now facing an annual tab of $ 100-billion. 💰

By @loisparshley.bsky.social via @gristnews.bsky.social/Climate Desk.

https://hakaimagazine.com/features/in-the-face-of-mounting-climate-risks-the-insurance-safety-net-is-falling-apart/