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Since the storms of 2020 and 2021, many insurance companies have left the US state of Louisiana or gone bankrupt. Those that remain have increased their rates five-fold in some cases. The poorest homeowners are now unable to pay the insurance needed for their mortgage. This critical situation is a direct result of climate change. FRANCE 24’s Fanny Allard reports.
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(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)