And the graph I posted clearly shows there is no discernible increasing trend. If 2014 and 2015 were on there, they would look to be on the low side, I suspect. Thus blaming the floods on climate change is bad science.
As for the insurance industry, I suspect the increases we have seen over the years are more related to us building in hazardous areas, greater populations, and most of all, we own more expensive stuff. More families with multiple vehicles, bigger houses etc that all cost far more to repair than they did in the past. That, and when a company knows they are billing insurance, the rates tend to double. I haven't researched this, that's just the suspicion I have when we here insurance losses costing so much more than they used to.
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