Extreme Weather and Natural Disasters Can Lead to Millions in Damage
With extreme weather events on the rise across the U.S., insurers have begun to reassess which areas of the country they will provide coverage for after experiencing staggering losses due to payouts. A report from the New York Times found that State Farm put pause on new home insurance policies in California after a number of natural disasters inundated the state in recent years.
An earthquake has sown destruction and devastation in Morocco, where death and injury counts continue to rise as rescue crews dig out people both alive and dead in villages that were reduced to rubble.
Hurricane Lee whipped up waves of more than 15 feet (5 meters) on Monday as the Category 3 storm cranked through open waters just north of the Caribbean region.