Record-Breaking Arctic Cold to Cuba as California Insurers 20X Short on Funds
6 months ago
2.81K
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A third and most powerful Arctic Vortex of the year descends over a majority of the USA states and Canada, insurers in California are left 20X short on funds to pay claims. Rebuild figures are now near $450 Billion and available funds are around $23 billion, this may send a cascade through the US and global economies
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