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This is good news, right? The only way we can force wealthy, waterfront homeowners to move back from the coasts that are going to be increasingly hit by hurricanes is to stop insuring their idiotic behavior. This is a necessary adaptation to the climate crisis in a place where the reality of the issue seems to have overcome the partisan divide.
Seems like this would be a policy democrats and progressives would be cheering for, no?
Unfortunately, the facts don’t agree with your feelings.
Louisiana leads the country for the number and percentage of homes that have had more than three flood claims filed on the same property.
https://thehill.com/blogs/pundits-blog/energy-environment/344607-the-same-houses-flood-every-year-and-we-keep-paying-for/