Green Madness May End In Civil War
Climate Change May Mean the End of the United States
I’ll be the first to say I hope my headline is wrong. But let’s explore the facts and then do a thought experiment.
As California grapples with yet another round of devastating wildfires, the Golden State finds itself at a critical juncture. The recent infernos that ravaged Los Angeles County, destroying thousands of homes and displacing over 100,000 residents, are just the latest in a string of climate-fueled disasters that have battered the state in recent years.
The intensifying cycle of wildfires, droughts, and floods has not only taken a toll on Californians’ lives and property but has also sent shockwaves through the insurance industry. Major insurers, faced with mounting losses and an increasingly unpredictable risk landscape, have begun a mass exodus from the California market. State Farm, Allstate, and others have either severely limited their coverage or pulled out entirely, leaving millions of homeowners in limbo.
In response, California has been forced to expand its FAIR Plan, the state-run insurer of last resort. However, this…