99 sats \ 4 replies \ @Undisciplined 4 Jul \ parent \ on: Is The Number Of Natural Disasters Increasing? charts_and_numbers
Do you mean they are downgrading the risks or that they are reducing their exposure to the risks?
reply
Yeah, but even there, you have to be careful about how to interpret that.
Monetary damages from natural disasters have risen a lot, but most of that is because of how much more stuff has been built in disaster areas.
Deaths and injuries related to natural disasters have declined, but that's mostly because of how much more we've spent on safer structures and better emergency response.
reply
reply
I'm not sure about California, but I recall hearing that Florida recently had a major insurance policy reform that sent premiums through the roof.
reply