this post was submitted on 15 Jul 2023
84 points (100.0% liked)

News

19 readers
12 users here now

Breaking news and current events worldwide.

founded 1 year ago
84
AAA pulls back from offering insurance in Florida, following Farmers (www.cbsnews.com)
submitted 1 year ago by Girlparts@kbin.social to c/news@kbin.social
37 comments fedilink hide all child comments
 

More insurance companies are fleeing the state because of the growing threat from natural disasters.

you are viewing a single comment's thread
view the rest of the comments
[–] JWBananas@kbin.social 2 points 1 year ago

What about New Orleans or locations prone to extreme storms or hurricanes?

It has already been happening in New Orleans for years now. There are very few insurers left.