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nippy

12,463 Posts.

767

14/06/24

18:06

Post #: 74323185
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Originally posted by pintohoo: ↑

read the article I put up

are they stupid? --------- they researched and they brought properties that were NOT in flood risk areas

due to climate change and new methods for calculation of risk - flood areas have been extended

and it won't stop with floods either ---------- insurance companies will adjust things due for more hurricane damage, more fire damage - etc etc

will the hurricane season in the northern hemisphere have an effect on Aussie insurance premiums etc ---------- you bet it will.

Insurance is changing world wide - people need to look at things globally as well as locally

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Fancy a company creating a new way to do things that just happens to boost their profits......

I already said "one born every day' slow learner.
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