Re: Wall Street getting worried about climate change
Steven L. Robinson wrote:
Where are the insurance companies in all of this? Given the claims that they have to pay out for hurricane damage one would think that they not only would wise up to the danger it poses their bottom line but - give their exposure - but bankroll lobbying efforts to do something about it.
For now, they’ll refuse to write new policies, try to evade paying claims, and look to the government to cover the really big risks.
Doug