Climate risks fuel insurance costs, squeezing US households even inland
AI Summary
Insurers are responding to climate risks by increasing costs, which is affecting households across the United States, even in areas not directly impacted by major storms. As a result, many families are feeling squeezed financially and are grappling with rising costs.
Inland areas have also seen costs rise following hail storms, wind damage and other disasters. Read more at straitstimes.com.