Smaller storms that spin off damaging weather events are wrecking US home insurance

Systems known as ‘kitty cats’ create hail storms and tornadoes across the heartland that cause billions of dollars in damages

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration

The rising cost of homeowner’s insurance is now one of the most prominent symptoms of the climate crisis in the US. Major carriers such as State Farm and Allstate have pulled back from offering fire insurance in California, dropping thousands of homeowners from their books, and dozens of small insurance companies have collapsed or fled from Florida and Louisiana following recent large hurricanes.