As natural disasters intensify, insurers are withdrawing from high-risk regions, mortgages are failing, and real estate values are weakening. Analysts fear a chain reaction that could resemble, or surpass, the 2008 crisis.
As natural disasters intensify, insurers are withdrawing from high-risk regions, mortgages are failing, and real estate values are weakening. Analysts fear a chain reaction that could resemble, or surpass, the 2008 crisis.