“Climate shocks are making parts of America uninsurable,” the New York Times observed following State Farm’s announcement.
While climate change might be in the zeitgeist, there are better explanations for State Farm’s exit.
FEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org