Paying the price of climate change: Louisiana’s insurance crisis • FRANCE 24 English

Since the storms of 2020 and 2021, many insurance companies have left the US state of Louisiana or gone bankrupt. Those that remain have increased their rates five-fold in some cases. The poorest homeowners are now unable to pay the insurance needed for their mortgage. This critical situation is a direct result of climate change. FRANCE 24’s Fanny Allard reports.

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20 comments
  1. It's a self-inflicted injury. LOL. They could live in hurricane-proof, tornado-proof McAllen, Texas, but they don't want to.

  2. Agenda 2030 wants you to be like a 3 rd world country. They use weather weapons to destroy the insurance ,which they OWN TOO.

  3. Living on the coast and a lot of times below sea level is a risk… in the long-term people have to decide if it's worth it

  4. In countries around the world, insurance is getting more expensive because of the damage caused by weather weirding. This is climate change, and the US is the highest emitter of CO2.

  5. Katrina gave us a great chance to remove the most expensive part of dealing with climate change by vacating the area. Instead, we rebuilt. SMH.

  6. 😂😂😂 stop building in
    The swamp waters and
    Telling people it climate change it the wetlands
    Just like Florida..😂

  7. There has been a 10% decline in natural disasters since 2000 (CRED). Normalised disaster losses have decreased since 1990 and human mortality due to extreme weather has decreased by more than 95% since 1920, so you're 50 times less likely to die from a climate-related disaster in a world that's 1°C warmer than 100 years ago (EM-DAT, CRED/UC). Deaths from drought have declined by 99%!

    As an example of good news, Climate Change saved 555,103 lives in England and Wales between 2001 and 2020 (ONS, 2022).

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