Tag Archive for: Risk Management

Florida is no stranger to extreme weather events, a fact that those living in Sunshine State have always factored in when insuring their homes. But as climate change exacerbates the frequency and severity of events like droughts, floods, tornadoes, and hurricanes in the U.S., the reality Floridians and insurers in the state are working with is quickly changing. Florida, according to several experts, is becoming “uninsurable.” And other states, starting from California, might follow suit in the near future.