Tag Archives: Insurance Crisis

What Happens to Property, Long-Term Care, and the Future of Risk When States Take Over as Last Resort Insurers

This goes beyond the technicalities of the policy. It is about what happens when economic realities clash with changing consumer expectations, aging populations, and climate change—and how governments are being compelled to step in when traditional insurers are reluctant.InsuranceCrisis Property insurance is the one area where this is most noticeable, particularly in coastal states like …