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.
Awakened by howling winds that tore through his Maui neighborhood, Shane Treu went out at dawn and saw a wooden power pole suddenly snap with a flash, its sparking, popping line falling to the dry grass below and quickly igniting a row of flames.
The wildfire that swept across Maui a week ago turned one of the nation’s most celebrated island vistas into an ashen moonscape and killed at least 99 people, a number that officials warn could rise by scores as the search continues.
