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.
Rescuers searching the hazardous slopes of Indonesia’s Mount Marapi volcano found more bodies among the climbers caught by a surprise eruption two days ago, raising the number of confirmed and presumed dead to 23.