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Special Report: Extreme Weather Batters The Insurance Industry

February 12, 2011 By James Handley

Extreme Weather Batters The Insurance Industry (Climate Ark)

Filed Under: Science

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Quote of Note

We cannot change the fact that in Florida we have hurricanes, so we shouldn’t be penalized for it. This is why we have the federal government.”

Orlando Diaz, president of the Florida Association of Mortgage Professionals, quoted in Lydia DePillis, Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions, NY Times, Dec. 7.

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