Insurance What we're talking about is charging a rate every year based on what might happen once in 100 years. As opposed to spreading the cost of the risk across 100 years. That's gouging. The insurance companies don't insure against the unexpected. Those incidents are ducked by calling them "acts of God".
The grad student has no source for global data much more than 30 years into the past. What folks yelling "global warming" seem to forget is hurricanes are affected by and affect all weather in the same hemisphere, and somewhat across the equator as well. Records of weather over the Pacific are very spotty up till about 1970.
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What we're talking about is charging a rate every year based on what might happen once in 100 years. As opposed to spreading the cost of the risk across 100 years. That's gouging. The insurance companies don't insure against the unexpected. Those incidents are ducked by calling them "acts of God".
The grad student has no source for global data much more than 30 years into the past. What folks yelling "global warming" seem to forget is hurricanes are affected by and affect all weather in the same hemisphere, and somewhat across the equator as well. Records of weather over the Pacific are very spotty up till about 1970.