pull down to refresh

9 sats \ 0 replies \ @Undisciplined 18 Jan \ on: Is the World Becoming Uninsurable? econ
There's a ton to unpack on this topic, but a few points come immediately to mind:
  1. People build much more in disaster areas than they used to, even when insurance can't be obtained. Sometimes, that's due to a belief that there will be federal disaster relief for their uninsured property losses.
  2. CPI likely understates price inflation, so that graph is something of an upper bound on the trend.
  3. Insurers would offer more coverage if they weren't subjected to arbitrary government regulations.
write
preview