Reply #12: I will be flamed for this

[WyLoochka]

but it is not the property insurance carriers' appropriate function to come to the rescue of people who are living in an area where the risk of a total wipeout is increasing markedly day by day to the point that it is almost a certainty at some point in the not too distant future. Property insurance carriers don't take on risks for which the likelihood of occurrence is approaching 100%, nor should they be expected to. (That's why I am so very much against private health insurance - it is a 100% certainty that we are ALL going to die - so it's foolish to look to a business that has no other way to stay in business but to limit risk for the answers as to how we handle what is a certainty).

The property insurance carriers have been, fairly gradually, moving back from the entire east and gulf coasts for over a decade due to climate change and it's projected paths of devastation. Now they are escalating the pull backs. I am sorry to tell you but this makes total sense. Instead of railing at the carriers for doing what any business would and should do, not expose the industry to much more risk than it could ever be equipped to handle, take the hint. This is not going to get better, that is what those pull backs are telling you. You are not going to be able to rebuild and rebuild and rebuild over and over and over again. There is no conglomeration of financial institutions that can possibly foot the bill due to the scale on which these events will occur.

People have to start looking at this realistically. It would have helped had the right winger fossil fuel moguls been honest about this all along, but we know they were as dishonest about climate change as they were about going into Iraq after the oil. Despite the delays in learning the truth, people have to start making really difficult decisions about where they are going to live over the coming decades.

We need to face facts and start looking at the necessity of people, being forced by circumstances totally beyond their control, to start making massive migrations away from the entire east and gulf coasts.

We cannot build dikes and leevees high enough or strong enough to protect the thousands of miles of property that will be devastated from what is coming.

Our money and efforts would be better spent identifying clearly areas that will become uninhabitable and start educating people about it and then start moving people out of them.

The greatest challenge presented by climate change, here and all over the globe, will be the massive migrations that will be necessary. We will either address this head on or dilly dally extraneously with blaming the propety insurers and have to experience katrina type devastations to people on a massive geographic scale. I'll bet we dilly dally some more.