Severe weather did record damage in 2024 with more than $8B in insured losses

[Castanet News]

A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion. According to Catastrophe...

[bob57]

Premiums for the Okanagan are on an escalator with no sight of stopping. The working poor and seniors are hit the hardest.

[monilynno]

They keep selling the climate change lie like the con men they are, have you figured out yet the weather has nothing to do with taxes they steal from you.

[Jlabute]

Climate change improved the lives of most people while weather caused insured losses. Castanet, to categorize the news item as "climate" is incorrect.

According to the IPCC, winds and various aspects of weather are not changing at all. So certainly nothing in climate is responsible for California at this time.

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[kristobal]

Climate change is normal and cyclical. Jasper fire was the result of non existent forest management program. 90% of fires including the one in LA are man made (arson)

[hozzle]

Could the higher insured losses be due to more population and therefore more property to insure?

[mothman]

Expect more of the same in the years to come, insurance premiums will continue to rise, more will be denied or unable to afford some coverage, more will be forced to depend on public safety nets (all tax funded), while too many with their head in the sand continue to shout "nothing to see here, can't predict the weather!"

[FordAve]

*removed*

[Mike_T]

using climate as a weapon has been admitted by world leaders
weather modification technology has been around for about 100 years