Perhaps the most interesting part of the article:

  • derf82@lemmy.world
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    20 hours ago

    With climate change, there is no option for “low cost” plan, government or no.

    You can’t constantly have massive losses like these fires in a single area all paying out claims and expect to pay them off with low premiums.

    • Sanctus@lemmy.world
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      19 hours ago

      I haven’t seen it in the comments yet but this is just the death spiral of climate change. Everything will just get worse from here on out as long as society operates the way it does. To everyone’s “surprise” I’m sure.

    • solstice@lemmy.world
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      20 hours ago

      Yeah, I really do wonder when the government and rest of the people start to seriously consider if it is worth it dropping $50 billion on places like SoCal and South Florida every few years or so. At some point you need to do the math and ask hard questions about whether it is worth it, and the answer damn well may be no.