Quote:
Originally Posted by Rainger99
According to the Office of Coastal Management, the U.S. has an average of 18 weather and climate disasters annually.
In 2023, there were 28 weather and climate disasters with losses exceeding $1 billion. The combined total cost of these 2023 disasters was $93.1 billion.
I do not see insurance companies lowering rates.
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No kidding!
And I notice that there are also now 2, 781 billionaires in the world! I don't think there was a single one when I was a kid. Do you think those two figures could be related? It sure is weird to think that maybe all that "global warming" is making billionaires!
But you know something? Even though there were 16 named storms in 2008 (the year of cat 5 Ike and cat 5 Rita, both of which passed over my Texas house), there were less than half as many billionaires in 2008 (it was the 1st year there were more than 1,000). 2008 had 16 named storms, 50 billion (2008) dollars in damage, and over 1000 deaths. Despite your alarming statistics, 2008 was the worst weather year in recent memory. My insurance then, and 12 years later, when I moved to Florida, was ONE QUARTER of what I paid last year, in a smaller and hurricane-resistant house, in a town that has never experienced a major hurricane or flood.
So, despite your "28" number, the number of hurricanes has actually decreased (one cat 3 in 2023), while weather damage merely doubled in the last 12 years (because the dollar is worth half what it was then).
Meanwhile, insurance bills have quadrupled, and the number of billionaires has increased by 150%.
Weird how that "global warming" works, huh?