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This won't fool the insurance companies. They're the ones on the hook for this.
Depends. Some of their CEOs will shamelessly bow to the party line, though not all. Definitely not Berkshire-Hathaway.
What do you mean? They have to update their risk models or they'll go out of business unless I'm misunderstanding.
They will have to pick between lip service (and hiding the changes by, say, quietly pulling out of places?) and government retribution. Mark my words, at some point they will go after any kind of “climate agenda.”
And that balance will depend on leadership. I mentioned Berkshire specifically because (at the top level, at least) they’re pretty old school with a low tolerance for nonsense, and big enough to eat the retribution.
No they'll just say what the government wants and do what they have to anyway. Hypocrisy is the way they operate already.
Trump only gives a shit about what people say publicly anyway. It's the single most important thing for him.
Uh, no they won’t?
The entire business model of insurance is to understand risk and assign a cash-value to it. Ignoring risk means their business model falls apart. They’re not going to ignore risk, in any dimension. And if they’re MADE to “ignore” risk in a particular dimension… they’re still going to analyze it and have actuarial tables around it, and will instead just factor it in by raising prices across the board.
I guess they can raise costs across the board, though if they don't all do this then most customers would leave to the competition.
Lol no they aren't and don't give two shits.
Are insurance companies not on the hook for the properties they insure?
Yes. They can deny for any reason, mostly shareholders. It is primarily a for-profit scam industry who will sign anyone up for premiums that will pay out nothing.
The GOP Climate Change plan of action has been revealed. It is a three pronged plan:
...while being evil.
"If we stop testing for Covid or numbers will go down."
OK. I assure you, the insurance industry will continue to track it.
This is the same logic as "if we stop testing, the disease goes away"
Many cancers have been cured cos the person ignored it
This is the same logic as "if we stop testing, the disease goes away"
Which conservatives also spearheaded during covid, so we're par for the course.
Been screaming this. If climate change isn't happening, then why are the military and insurance companies making plans and adjustments.
OK, the entire insurance industry is woke. Say the military is a woke piece of shit. SAY IT.
Costs will go way down next year because the president x'd out hurricanes. All better now.
In other news, car crash injuries are up because seat belts keep saving those pesky survivors. The stats were better when corpses didn't count.
Out of sight out of mind. Kind of like the wasteland the south is going to become after the next couple of years of storms.
The year is 2039, Florida has been perpetually under hurricanes for 3 weeks straight as hurricane after hurricane makes landfall. After careful review, it's been determined that the hurricanes have caused $0.00 in damage. There's nothing to be concerned about. FEMA has not been dispatched as there is no emergency.
… as there is no FEMA
Also, barely any Florida.
Every second the bastard exists is a fucking tragedy
Yes, that will really make it all better and stop any further damage from climate related issues. Just like not looking at the power bill means that I don't have to pay it.
Bye Florida
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this post was submitted on 08 May 2025
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