'Kitty cat' storms hitting US heartland are growing threat to home insurance

Smaller secondary systems that create hailstorms and tornadoes pack a punch that is causing billions of dollars in damagesThis story was originally published by Grist and is reproduced here as part of the Climate Desk collaborationThe rising cost of homeowner's insurance is now one of the most prominent symptoms of the climate crisis in the US. Major carriers such as State Farm and Allstate have pulled back from offering fire insurance in California, dropping thousands of homeowners from their books, and dozens of small insurance companies have collapsed or fled from Florida and Louisiana following recent large hurricanes. Continue reading...