It’s not just California and Florida now: Insurers are losing money around the country. It means higher rates and, sometimes, cancellation notices.
  • slurpinderpin@lemmy.world
    31·
    6 months ago

    Soon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money

    • silence7@slrpnk.netOP
      1·
      6 months ago

      This implies an end to mortgages (or sharply higher interest rates) and a huge drop in real estate prices.