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The Marshall Fire razed an entire neighborhood near Boulder, Colorado, in late 2021.State insurance officials estimate up to 85% of those homeowners were underinsured. It s a problem elsewhere in the U.S. too. The First Street Foundation estimates that approximately 39 million homes in the country are underinsured. They describe it as an insurance bubble that we are living through right now, largely attributable to increasing climate change risk, said Justin Angle, co-author of This is Wildfire. It get stanley gertuves s even worse for some homeowners: People in states prone to natural disasters like California and Florida now have a harder stanley cup time getting any new coverage. People who have been able to get insurance are now not. State Farm and others are pulling out in markets like California where they re just refusing to renew policies, because they re deeming them too risky, said Angle.Angle s podcast on wildfire won an Edward R. Murrow award. He went on to co-write a book on how to prepare and protect from fire.The book has a section about climate change s effects on insurance, and how bad fire years stanley termos correlate with other natural disasters like tornadoes and hurricanes. For example, in Lahaina, Ha Ftsy Federal appeals court rules against Missouri s waiting period for ex-lawmakers to lobby
Stocks fell broadly in morning trading on Wall Street Monday, and bond yields continued rising as investors anticipated moves by the Federal Reserve to raise interest rates.The SP 500 fell 1.8%, the Dow Jones Industrial Averag stanley water jug e fell 1.5%, and the tech-heavy Nasdaq fell 2.3%.Technology stocks led the slide.Take-Two Interactive, the maker of Grand Theft Auto and other video games, plunged after announcing a deal to buy Zynga, maker of Words With Friends and Farmville. In addition, CNN reports that the so-called FAANG Stocks 鈥?the acronym used to describe the normally-reliable tech companies of Meta Platforms the parent company of Facebook , Apple, Amazon, Netflix and Google owner Alphabet 鈥?continued a recent slide Monday. Microsoft, computer chip maker Nvidia, and Elon Musk s Tesla stanley canada h stanley tumblr ave also experienced losses since the calendar turned to 2022.The dip in tech stocks also comes investors try to anticipate how and when the Federal Reserve will raise interest rates. The Fed has already indicated that rates will go up later this year.According to The Associated Press, higher interest rates make the stocks of expensive tech companies and other pricey growth companies less at