Beam me to Planet Gore !
You'll have to read the whole Bloomberg article at the site link, but that's the gist of it.
No need to read it. The insurers are looking at “climate change” as a way to invoke “act of God” clauses or some such.
The bottom line is finding a way to reduce or eliminate payouts.
A spate starting when? The only change has been increases in popultion, and the move of that population toward the beaches and into flood plains.
Just because insurers prepare for possible risks is no evidence at all that the rest of us have to believe or do anything.
This is an excellent example of deliberately distorting the actual facts to achieve a political advantage. I doubt whether any of the Republican candidates doubt the climate change is occuring - what they are doubting is the cause of the change.
The climate has changed since the beginning of the earth.
Only 13,000 years ago much of north America was covered with 2 miles of ice. There’s obviously been a lot climate change since then... Thank God!
Only if, taking both sides of the issue is, "on the fence".
“he insurance industry makes its money telling it to you straight”
Apparently this guy has never dealt with insurance companies before.
It may come as a shock to some people, but insurance companies hype climate change as a pretext to jack up premiums and make more $$$.
The claims of an upward trend in severe weather events due to global warming are all demonstrably false.
This falls into the same category as trying to convince conservatives of AGW by saying the Defense Department is planning for it.