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The climate change flip flop. No more winters, no more summers... whatever!

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posted on Dec, 27 2013 @ 08:43 PM
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talklikeapirat
reply to post by soficrow
 




(Insurance companies) are stopping coverage in some geographic areas, raising premiums in others and lowering premiums in still other areas. This suggests seasonal storms may be moving 10 degrees to the north while increasing in severity. Whatever. Things are changing and the insurance industry is responding. Because they have to respond, accurately, or go bust.



Why bother with insurance industry data at all when you have detailed tropical storm landfalling statistics in continuous records for, at least, the last 60 years?


I'd rather go with the guys who put actual cash on the line. ...Insurance companies' profits hinge on their data - whether they're stopping coverage in some geographic areas, raising premiums in others or lowering premiums in still other areas. If they screw up, they go bankrupt. Seems like a good measure.






 
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