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.
U.S. officials granted full approval to a closely watched Alzheimer’s drug on Thursday, clearing the way for Medicare and other insurance plans to begin covering the treatment for people with the brain-robbing disease.
The planet's temperature spiked on Tuesday to its hottest day in at least 44 years and likely much longer, and Wednesday could become the third straight day Earth unofficially marks a record-breaking high, the latest in a series of climate-change extremes that alarm but don't surprise scientists.
