The devastating Los Angeles fires have been a grim reminder of America’s homeowners insurance crisis as climate change intensifies potential property damage and insurers scramble to price rising risk.
Worldwide warming temperatures are hammering roads that were built for a different climate, ballooning repair budgets and sometimes cutting off communities from goods and services.
“The clearest way climatechange is affecting fire in the western United States and California is through the direct influence that warmer atmospheric temperatures have,” Williams ...