Paying the price of climate change: Louisiana’s insurance crisis

05:15

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From the show

Since the storms of 2020 and 2021, many insurance companies have left the US state of Louisiana or gone bankrupt. Those that remain have increased their rates five-fold in some cases. The poorest homeowners are now unable to pay the insurance needed for their mortgage. This critical situation is a direct result of climate change. FRANCE 24’s Fanny Allard reports.

France24