Could the insurance companies turn out to be the good guys?

As insurance firms pull out of regions most seriously affected by climate-related events, they are gradually destroying their own customer base.

The Donnie Creek wildfire in British Columbia on May 27. Further south on the West Coast, climate change-related wildfires are making it too risky to insure Californian houses.Photograph courtesy of the B.C. Wildfire Service

Opinion

BY GWYNNE DYER

June 7, 2023

LONDON, U.K.—California’s fall from grace has been steep and swift, and now even the insurance companies are pulling out. The two biggest American home insurance companies, State Farm and Allstate, announced last week that they will stop selling insurance policies to Cal...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Weekend Point of View Newsletter

A round up of the past weekâ€™s opinion writers and columnists on Saturdays and Sundays.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy