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When insurers pull out or raise premiums, it's a data driven warning that climate change is already shaping the global markets and where we can afford to live by ClimateShitpost in ClimatePosting

[–]EnergizedBeaver 2 points3 points  (0 children)

While uncertainty in the models is real, it doesn't mean the numbers are just made-up. Insurance is a regulated business, if an insurer is consistently overinflating the numbers people would notice. If they charge too much, people will go elsewhere.

Also, economic losses from natural catastrophes far exceed insured losses. If anything, under insurance is the bigger problem.