G-spotter Posted December 3, 2010 Posted December 3, 2010 Flood damage due to climate change surpasses fire damage as category with highest payout costs for insurance companies: http://www.cbc.ca/canada/story/2010/12/02/climate-change-flooding.html Looking for right wing wackjobs willing to call this part of a conspiracy. This is capitalism we're talking about here. Costs to business. Can't be denied, right? Quote
j_b Posted December 3, 2010 Posted December 3, 2010 Interesting. Deniers used to claim that the increase in insurance pay outs was due to greater population and greater number of buildings but it is going to be nearly impossible to do so if pay outs increase more during extreme events made more frequent by climate change. Quote
Hugh Conway Posted December 3, 2010 Posted December 3, 2010 wait, wasn't this predicted? Oh dear. Paging Jay_B and Peter_Pungent to the denier courtesy phone for loopy prose Quote
Peter_Puget Posted December 3, 2010 Posted December 3, 2010 Looking for right wing wackjobs willing to call this part of a conspiracy. This is capitalism we're talking about here. Costs to business. Can't be denied, right? Hey ya Jack Booted Nazi It's a Government Conspiracy! Quote
olyclimber Posted December 3, 2010 Posted December 3, 2010 Looking for right wing wackjobs willing to call this part of a conspiracy. This is capitalism we're talking about here. Costs to business. Can't be denied, right? Hey ya Jack Booted Nazi It's a Government Conspiracy! I'm just glad the government is there on this. But what about medical insurance? Quote
Nitrox Posted December 4, 2010 Posted December 4, 2010 Flood damage due to climate change surpasses fire damage as category with highest payout costs for insurance companies: http://www.cbc.ca/canada/story/2010/12/02/climate-change-flooding.html Looking for right wing wackjobs willing to call this part of a conspiracy. This is capitalism we're talking about here. Costs to business. Can't be denied, right? Flood loses have been the single largest property and casualty loss for American insurance companies for more than 30 years. Good morning Canada, welcome to 1980. Quote
j_b Posted December 4, 2010 Posted December 4, 2010 Whew, aren't we lucky Nitrox didn't compare US climate and urbanization to that of Greenland. Quote
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