Reposted by Meg Mills-Novoa
Reuters has a new story on state insurer-of-last-resort programs being stretched to their limits, using data from @cplusc.bsky.social's recent report.
What I would add to this coverage is more analysis of WHY these programs are in trouble & whether it's the right...
www.reuters.com/graphics/USA...
reuters.com
How a US home insurance fix is becoming a problem
U.S. states have set up insurers to provide protection in disaster-prone areas that private insurance has avoided. They are taking on more risks as calamities become widespread.