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Rhiannon12866

(225,879 posts)
Tue Jan 14, 2025, 04:34 AM Tuesday

How did we get here? L.A. wildfires expose extreme home insurance crisis - The 11th Hour - MSNBC



Meteorologists are sounding the alarm about conditions in Los Angeles this week that could lead to more explosive fires in the area as firefighters fight to control blazes that have already been burning for almost a week.

Plus - with all the anger facing home insurance companies in the wake of the fires, what's next for our homes as we see more climate disasters? Dana Griffin, Anna Merlan, and Ben Collier join Stephanie Ruhle on The 11th Hour. - Aired on 01/13/2025.

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How did we get here? L.A. wildfires expose extreme home insurance crisis - The 11th Hour - MSNBC (Original Post) Rhiannon12866 Tuesday OP
Are insurance companies the only people who are paying attention.... Think. Again. Tuesday #1
Excellent point, though don't those whose houses burned also own the land? Rhiannon12866 Tuesday #2
Yes, I agree, they're in a horrible position... Think. Again. Tuesday #3
ALL insurance Companies are a. legal SCAM. nt bonniebgood Tuesday #4
Far be it that I defend insurance companies, but the housing bubble raised expectations of homeowner resale prices. Simeon Salus Tuesday #5

Think. Again.

(19,894 posts)
1. Are insurance companies the only people who are paying attention....
Tue Jan 14, 2025, 06:28 AM
Tuesday

....to the last 40 years of warnings fom climate scientists?

People are actually talking about rebuilding in the same high risk areas instead of talking about how to reduce the risk by ending big oil. There doesn't seem to be ANY discussion about that at all.

Rhiannon12866

(225,879 posts)
2. Excellent point, though don't those whose houses burned also own the land?
Tue Jan 14, 2025, 06:31 AM
Tuesday

That's the way it is here in New York. These poor people are truly between a rock and a hard place.

Think. Again.

(19,894 posts)
3. Yes, I agree, they're in a horrible position...
Tue Jan 14, 2025, 06:45 AM
Tuesday

...so I don't understand why they're silent about holding the companies that cause these disasters accountable for causing them.

Simeon Salus

(1,347 posts)
5. Far be it that I defend insurance companies, but the housing bubble raised expectations of homeowner resale prices.
Tue Jan 14, 2025, 09:56 AM
Tuesday

This makes every house more expensive to insure, no matter the local threats.

At a higher scale of premiums of course, there's more to skim.

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