From an article I perused today:

“A 2002 report issued by reinsurance behemoth Munich Re Group notes that
insurance payouts for natural disasters are rising as climate change
kicks in and more people in disaster-prone areas buy policies. If the
trend continues, by 2050 payments will exceed the combined current GNP
of every nation on the planet.”

I suppose this means one of three things:

1) Insurance companies will simply stop insuring idiots who live on a flood plain, in a hurricane area, or above a fault line.

2) Insurance companies will simply raise their rates to compensate, thus leaving us with kids whose car insurance costs our entire annual salary to cover.

3) The planet will go bankrupt once we have that last natural disaster.