this post was submitted on 15 Jul 2023
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AAA pulls back from offering insurance in Florida, following Farmers (www.cbsnews.com)
submitted 1 year ago by Girlparts@kbin.social to c/news@kbin.social
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More insurance companies are fleeing the state because of the growing threat from natural disasters.

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[–] JWBananas@kbin.social 2 points 1 year ago

What about New Orleans or locations prone to extreme storms or hurricanes?

It has already been happening in New Orleans for years now. There are very few insurers left.