GET ME REWRITE: Chevron employees won't save any money on insurance when they move from California to Houston

 

Chevron conducts a master class in fossil fuel myopia.

Headlines

Top:  New York Times, 8/2/2024

Bottom:  Houston Landing, 7/14/2024

From Houston Landing:

Houston is already one of the most expensive cities in the nation for property insurance — and that cost is only expected to grow as Hurricane Beryl and other major storms batter the Bayou City. 

Insurance researchers and analysts said they expect insurers will continue to raise already high premiums and become more selective with what type of damage they cover in the wake of Beryl, adding to the burden on property owners in Houston. 

While the researchers and analysts don’t foresee many insurance companies imminently pulling out of Texas — an issue facing homeowners in Florida, California and Iowa — they said the state is increasingly on a similar path.