Senators take up looming insurance crisis as policy issuers flee Florida and California

Senators take up looming insurance crisis as policy issuers flee Florida and California

WASHINGTON — Low-income policyholders will be hit hardest by rising insurance premiums as the frequency of natural disasters caused by climate change increases and insurers pull out of some coverage areas, witnesses argued before a Senate panel on Thursday. “We have seen our property and casualty insurance costs (increase) 400%…Read More

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