GhostOnTheHalfShell's Post

@cbarbermd

In the coming months, we’re gonna have to see what happens to the insurance business They are in trouble because of massive disasters like this. And many of them have been relying on climate modeling to forecast the most at risk regions to decide rates or an exit. LA is one of them.

I don’t know how well they’ll managed to handle the scale of an event like this because the housing market in LA is so darn expensive. We can expect a lot of chaos and friction over claims.