KHALI

SHARED STORY

Loading story



Get Khali



Open in app

Free on the App Store

#root { display: none !important; } html, body { height: auto !important; } body { overflow: auto !important; margin: 0; background: #07111f; color: #f4f4f5; font: 16px/1.6 system-ui, sans-serif; } article { box-sizing: border-box; max-width: 760px; margin: 0 auto; padding: 48px 24px 72px; } h1 { font-size: clamp(2rem, 7vw, 3.5rem); line-height: 1.05; } h2 { margin-top: 2rem; } a { color: #64b5ff; }

business · 3 outlets · 3 linked reports

Climate Risk Is Making Home Insurance Vanish in Florida and California

2026-07-07

AI-assisted: summaries and questions may be incomplete or incorrect. Verify important details with the linked original reporting.

Summary

US insurers dropped more than 1.9 million home policies between 2018 and 2023 as climate-driven disasters mounted — over four times the normal rate, often with little warning.
Florida's nonrenewal rate jumped 280% in that span, and major insurers like State Farm, Allstate and AIG have pulled back from California after billions in wildfire losses.
The fallout is spreading to housing: in high-risk states like Louisiana, 30-40% of mortgages can fall through over unaffordable or unavailable insurance.

The question

The home-insurance crisis is an early warning of climate change's economic toll.

Original reporting

Open this story in Khali

Get Khali on the App Store