Posted on 04/09/2024 7:20:05 AM PDT by Oldeconomybuyer
State insurance regulators are taking the first steps on what will be long and difficult effort to mitigate climate impacts. Foremost it will require cooperation and buy in.
To that end, the National Association of Insurance Commissioners took the rare step of holding a media briefing Friday to again spotlight its landmark National Climate Resilience Strategy. Adopted March 18, the strategy is a desperately needed first step, said Andrew Mais, Connecticut insurance commissioner and 2024 president of the NAIC.
“The goal of a strategy is to drive faster and more effective risk reduction by state insurance regulators to ensure that insurance continues to be available and reliable for communities across our nation,” Mais said.
The NAIC climate strategy "provides for a unified approach, data collection and utilization, and resiliency actions, including the launch of a comprehensive NAIC Climate Risk Dashboard to measure and evaluate protection gaps,” the NAIC has said. “Among its actions, the NAIC will also seek to create new resilience tools, advocate for pre-disaster mitigation funding, and develop scenario analysis resources for state regulators."
Regulators committed to a climate response after insurers began pulling out in droves from disaster-plagued states such as Florida, Louisiana and California.
A core goal of the strategy is identifying areas where insurance access is curtailed due to the impact of climate disasters.
(Excerpt) Read more at insurancenewsnet.com ...
No fool like a rich fool.
Immigrants are the reason insurance rates are so high to begin with .
Fools?
These idiots passed the fool description long agp.
See real climate science.com to see proof that the climate scams are lies.
When anybody starts talking about fine-tuning the weather 100 years from now, it is axiomatic they haven’t been doing their job in the here and now.
I smelled scam the first day I ever heard of “global warming”. We had a TV meteorologist in Scranton, Barry Finn, who challenged Gorebal warming years ago, and they soon “disappeared” him.
??? When they say Climate Change are they talking about the impending ICE AGE of the 60’s, 70’s and early 80’s, or are they talking about how in 1985 The Great Global Cooling that turned into GLOBAL WARMING after catalytic converters came out??
The only financial impact of climate change is the trillions being wasted in useless efforts to stop it while China builds 300 more coal power plants
“Insurers” are happy to join the “climate change” political bandwagon - anything to boost the perception of risk and their premiums.
If insurance risks are rising in certain states it is probably due to larger populations with more assets exposed to risk, as opposed to more events causing damage. There is little to support theories of increased severe weather events, the only verifiable aspect of climate change is that nights are getting warmer and generally speaking that is a social benefit (reduced heating costs).
Floods and hurricanes were always part of the scenario in high risk states, but now there are a lot more people with expensive real estate and vehicles in the path, as compared to past decades. You would think with more potential clients, insurance companies could keep up but they claim otherwise (an irony, insurance companies making dubious claims).
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