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this post was submitted on 13 Jul 2023
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Isn't this a big deal for hurricanes also?
Hence all of the home owners insurance providers exiting Florida.
DeSantis and Scott's governorships have really failed to prepare this state for what's coming, but hey, what do you expect from a bunch of corrupt pieces of shit like them and the rest of the Florida GOP?
Home insurance is going to change in a crazy way over the next decade.
they're trying to fix real estate losses from wfh stuff while also seeking to displace people from their strongest wealth asset
Or maybe just maybe it's really dumb for a company to insure a house that is going to burn down or flood every single year going forward...
¿Por que no los dos? (Why not both?)
DeSantis and Abbott have both said that they are changing their laws and allowing certain things to happen in order to push "certain people" out of their states, they absolutely seem to want to push as many poor, minorities, and overall left leaning people out of the state, as Senator Rick Scott of Florida (former governor of Florida) said:
https://twitter.com/ScottforFlorida/status/1673662921652551680?lang=en
https://www.orlandoweekly.com/news/florida-socialists-blast-florida-sen-rick-scotts-anti-socialist-travel-advisory-34258856
you're talking specifically from the insurance company's perspective.
the people running florida and likely others with wealth to influence them are aiming for more. the insurance leaving the state is part of that.
companies do not exist in a vacuum
Sea surface temperatures are linked to more intense storms. But there’s a ton of factors that affect hurricane strength. Wind shear is probably one of the biggest.
That said, given the right conditions and all things else being conducive to intensification, I would think higher SSTs would strongly encourage more rapid and higher intensification.
You're right about this. There's also been studies done recently that suggest that hurricanes have been intensifying generally in recent years and there will most likely be a continued trend so total frequency will go down but more intense hurricanes will become more common.
The thing is there are cycles for this stuff. That will continue too. In Florida the years from 2004-2006 had large numbers of storm with high landfall counts. Followed by years of relative inactivity. So these cycles will also continue. Granted the storms that do but may be more intense, we are also a LOT better at prediction and modeling. The accuracy we had at 2 days in the early 2000s is closer to the accuracy we have at 5 days now.
Of course there's cycles but even removing decadal trends, it seems like there's there's still an increasing trend in terms of intensity. And slower years of extreme events in there could be somewhat related to the climate hiatus period but I'm not 100% on that. And you're absolutely right that prediction and modeling has gotten substantially better but that doesn't mean these storms won't still be costly. It's an interesting issue for sure