Insurance Rates Rise with Earth’s Temperature

Painted_river_070606_003Not only is global warming bad for the planet, it’s bad for insurance rates. Insurance companies tend to jack up prices or back away entirely from areas hard hit by extraordinary weather events. The government may fill in the gaps as the insurer of last resort, but what happens when the government becomes the only game in town? How many Katrinas can we afford to clean up? read it

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