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Thomas L. Hutcheson's avatar

Many losses are concentrated in the Pacific Palisades, where just last year State Farm dropped 70 percent of its customers - some 1,600 homeowners - due to increasing risk.

"Due to the way insurance rates are regulated" Paradoxically, among the ways that insurance rates have been regulated has been to prevent rates being set based on forward-looking, climate risk informed models!

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Jonathan Tonkin's avatar

Thanks Katharine for your work. I'm interested to hear your thoughts on hydroclimate whiplash. I wrote about the recent paper here: https://predirections.substack.com/p/boom-and-bust-or-should-i-say-bloom

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