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A comment on Is the World Becoming Uninsurable?. Parent comment

Re:Is the World Becoming Uninsurable? by Folcon on Friday January 17, 2025 @11:54AM (#42740198)
Don't people who live in higher risk homes already pay higher premiums?

Do you believe that's not the case? Or that insurers are giving them discounts? Or are the risks miscalculated?

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Re:Is the World Becoming Uninsurable? by Insthrowaway on Friday January 17, 2025 @02:59PM (#42742604)
I'm in the industry: regarding California,the answer is that they aren't paying high enough premiums. Regulators have refused to allow catastrophe modeling to set rates, so fire prone areas are effectively getting a discount.
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Re:Is the World Becoming Uninsurable? by Folcon on Saturday January 18, 2025 @06:49AM (#42747692)
Ah, that was what I was missing, thank you :)...
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