A $1 Trillion Time Bomb Is Ticking in the Housing Market - Bloomberg

In Hawaii, where insured property losses exceed $3 billion dollars, homeowners face rising insurance premiums as a result of climate disasters. Californians are familiar with this pain: State Farm and Allstate have already stopped offering homeowner policies in the state due to a combination of government-imposed rate caps, expensive reinsurance, a... See more

...new approaches to climate-related insurance lines (flood, wildfire, etc.), re-location away from vulnerable areas, and sustainable building techniques and materials (even deconstruction).

One of the most affecting myths of clock time is that we all experience time at the same steady pace. We don’t. “The future is already here,” the science-fiction author William Gibson famously said in 2003, “it’s just not very evenly distributed.” And framing the climate crisis as a ticking clock with only a certain amount of time “to avoid disaste

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