By Andrea Vale As Southern California still reels from January’s catastrophic wildfires, the economic damage has surged to $250 billion, far exceeding initial estimates. But that figure doesn’t account for damage incurred by residents whose homes and businesses were reduced to rubble and ash. The Palisades and Eaton fires alone will result in up to […]
Tag: Allstate
Posted inClimate Change
Is the US becoming uninsurable? How climate change affects insurance costs
By Andrea Vale As Southern California still reels from January’s catastrophic wildfires, the economic damage has surged to $250 billion, far exceeding initial estimates. But that figure doesn’t account for damage incurred by residents whose homes and businesses were reduced to rubble and ash. The Palisades and Eaton fires alone will result in up to […]