Insurance firms and regulators are struggling to cope with the increasing costs and unpredictability of climate-related disasters nationwide. As a result, more homeowners are being dropped by their insurance companies. The problem is particularly acute in Florida, Louisiana, and North Carolina, where state data shows climbing “nonrenewal” rates – a trend seen across states heavily impacted by climate change.
Source: https://www.washingtonpost.com/business/2025/01/18/homeowners-insurance-california-florida-climate-change