• kent_eh@lemmy.ca
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    8 hours ago

    some of the locations involved have simply become uninsurable. What do you expect that the insurance companies do

    In an ideal world, I’d like to see them use their power, influence and bankroll to push forward greater action to combat climate change.

    Surely there is an “enlightnend self-interest” arguement to be mage for them funding action that will reduce future claims payouts?

    Similar to insurers funding fire prevention activities, improvements in building codes, additional safety features in road design, etc.

    • Treczoks@lemmy.world
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      7 hours ago

      That does not help as long as idiots build wooden sheds as “houses” right on the middle of woods that are known to burn down every few years. Common sense is rather rare with some people, and you cannot expect other people to pay for it via their insurance.