Some of the largest U.S. insurance companies say extreme weather has led them to end certain coverages, exclude natural disaster protections and raise premiums

  • downpunxx@kbin.social
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    1 year ago

    silly cat, that’s not how big business collusion and corruption work. mortage lenders will continue to force prospective homeowners to cover and maintain insurance on their properties even if it causes them to default on their payments, then they’ll sell the homes again to flippers or multinationals.