2007: The Massachusetts state sponsored high-risk insurance pool doubles between 2003 and 2007, making it the largest single homeowners’ insurance carrier in the state. Total policies reached 200,000 policies in 2007. 44% of Cape Cod homeowners are covered by the plan (NY Times, 2007).
Reference: NY Times. 2007. http://www.nytimes.com/2007/10/16/nyregion/16insurance.html
Image Description: Provincetown, Cape Cod, Massachusetts. Photo by Phillip Capper, 2005May9. Image Location: Wikimedia Commons. http://commons.wikimedia.org/wiki/Image:Provincetown_Cape_cod_Massachusetts.jpg Image Permission: This file is licensed under Creative Commons Attribution 2.0 License.
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This post is tagged 2000s Climate Change Events, 21st Century and Climate Change, Advanced Economies and Climate Change Responses, Climate Change Responses, Insurance and Climate Change, North America and Climate Change, United States and Climate Change, Weather Extremes
