Gay LA – California
Local residents of Los Angeles/ Orange County – LGBT events and discussions.
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Insurers Exploit Climate Crisis To Gut Consumer Protections
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Insurers Exploit Climate Crisis To Gut Consumer Protections
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</div>Insurers Exploit Climate Crisis To Gut Consumer Protections
“Contrary to industry warnings, a new analysis from the New York Federal Reserve finds that the largest property insurers have sufficient capital to cover estimated losses from climate-related catastrophes — but that their portfolio holdings in oil and gas pose additional financial risks.”
https://www.levernews.com/insurers-exploit-climate-crisis-to-gut-consumer-protections/
levernews.com
Insurers Exploit Climate Crisis To Gut Consumer Protections
To keep covering homes amid the ravages of climate change, big insurance companies want California to slash its landmark price-gouging rules.
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2 Replies
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<yawn> Is this supposed to be a grab-the-pearls moment? I don’t think so…Capitalism and greed is killing America. Wake up people…get involved…run for office, volunteer, put down the DCoke, pizza, stop watching garbage TV, get off of FB Messenger, Twit, block ads on your phone, computer, tablets and laptops! You’re drowning in mental garbage…
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