She couldn’t have an ulterior motive, could she? Oh, and she also took a long, fossil fueled flight to the fossil fuels nation of Dubai
Hillary Clinton at COP28 climate talks calls for insurance reform
Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks.
Lower-income countries and workers in nations most affected by climate change are struggling to access insurance to help protect them from economic shocks.
“We need to rethink the insurance industry,” Clinton said during a panel on women and climate resiliency. “Insurance companies are pulling out of so many places. They’re not insuring homes. They’re not insuring businesses.” (snip)
During Sunday’s discussion, Clinton recalled meeting Indian women who described working outdoors in construction, farming or desert salt flats, forced to work in “almost unbearable conditions” because they had no economic alternatives.
But “as the climate changes, as storms increase and drought and heat increase,” she said, “it’s not just … poor, hard-working women in India. It’s people everywhere who are going to be left out with no backup, no insurance for their business or their home.”
So, what’s the solution, Hillary? Insurance, be it home, auto, health, boat, etc, is already heavily regulated by government in most 1st World nations. Many of them offer government health care, and do not allow private insurance. So, what now? Will the government start offering government insurance for homes and autos? Auto insurance is already up 25% since COVID started, and, since Biden and other Democrats are trying to force everyone (else) into EVs, well, they add another 25%. At this point. A big problem in a state like Florida is that it has always been a high risk state for storm damage, and the price of homes and building supplies has skyrocketed. Combine that with aging buildings that are constantly exposed to salty air and a high saltwater water table throughout much of the state, and the fear mongering over climate doom, and it all ads up.
So, how well will it work when Government is running your home, auto, boat, etc insurance? Will they allow any private insurance, like those which protect your appliances?
Read: Hillary Clinton Super Excited To Pitch A New Paradigm For Insurance Because Of Hotcoldwetdry »