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Reply #4: Large areas of the world, including the US, are now uninsurable [View All]

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greenman3610 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-06-06 08:47 PM
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4. Large areas of the world, including the US, are now uninsurable
"Vast areas of the world are becoming uninsurable as
global warming triggers devastating and costly rises in
sea levels, as well as droughts, floods and increasingly
violent storms.

"Experts fear that some nations, especially those in
the Caribbean, parts of Asia and the Pacific, face
greater economic hardship. They believe insurance cover,
vital for attracting inward investment to develop tourist
resorts and protect homes and businesses, will become
prohibitively high. In some areas it may disappear
entirely as insurers protect themselves from multibillion-
pound claims.

http://www.viridiandesign.org/notes/1-25/Note%2000022.txt
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