
Climate Risks One In Eight U.S. Homes of Losing Insurance
Editor’s Note: The impact of climate change has begun to impact the financial market. Insurance companies aim to make profit on risk coverage. However, if the risk for any sector runs too high, they tend not to invest in that. Nuclear reactors are a common example. Private insurance companies do not insure nuclear reactors as the associated risks are too high. With the rapidly increasing climate change, however, insurance in even the housing market has become too costly. The article describes this phenomenon. ...








