WASHINGTON POST • September 3, 2023
In the aftermath of extreme weather events, major insurers are increasingly no longer offering coverage that homeowners in areas vulnerable to those disasters need most. At least five large U.S. property insurers – including Allstate, American Family, Nationwide, Erie Insurance Group, and Berkshire Hathaway – have told regulators that extreme weather patterns caused by climate change have led them to stop writing coverages in some regions, exclude protections from hurricanes, wind, and hail from policies underwriting property along coastlines and in wildfire country.