#SharedFates

Finally! Took me a while but finally finished #FFXIV - #DawnTrail #SharedFATEs. All that work just to get this umbrella, but I am so happy it's all mine!

I have now finished all #SharedFATEs from #ShadowBringers, #EndWalker & ##DawnTrail.

Time to chill until #FFXIV8.0!

Got this before my sub ended the other day. Thank you to the hrothgar player who helped me with shared FATEs! 😭🙏

It's so purteh! 🌈✨☂️

#FFXIV #WarriorofLight #SharedFATEs #Dawntrail

This is one of the reasons why we need pro-active, community-oriented risk reduction measures guided by science-informed government. Individuals likely won’t — or can’t even if they want to — take sufficient mitigation efforts on their own. #SharedFates

Shared Fates - Climate and Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

Colleagues and I with @cplusc.bsky.social have proposed a new way to design disaster insurance for housing. The keys are:
1. comprehensive, community-level risk reduction
2. public disaster insurance (not insurers-of-last-resort)

#SharedFates
climateandcommunity.org/research/sha...

Commentary: Four months into insurance claim delays and disputes, a new blow to fire victims: A rate hike Insurance Commissioner Ricardo Lara handed State Farm General a 17% emergency rate hike.

"one homeowner said, 'I literally have panic attacks everyday. I’ve lost 20 pounds since January 7th. My hair is falling out and I’m scared.'”

This piece really underscores how broken our disaster insurance system is. We desperately need a redesign! #SharedFates
www.latimes.com/california/s...

Are Federal Climate-Resilience Investments Meeting the Need? As climate change increases the risk of disasters, investment in climate resilience and mitigation is crucial to managing risk, protecting communities, and providing relief as crises emerge.

@urbaninstitute.bsky.social finds that federal climate-resilience programs disproportionately invested in counties w/ higher enviro-related bureaucratic capacity — seems to support @cplusc.bsky.social proposal for state clearinghouses for resilience funding #SharedFates
www.urban.org/research/pub...

We’re all connected. Let’s start acting like it. #SharedFates #EarthDay

This is an unsurprising outcome given the:
a) extent of LA fires' destruction
b) stop-gap nature of FAIR plan design

As of 2024 insurers can pass these costs on to ratepayers, so rates across the state will rise as a result.

This will keep spiraling until we design a better system. #SharedFates

Newsom just quietly floated an idea that could help fix California’s housing and fire recovery crises California needs to stop piling on new bespoke housing programs and instead ensure our existing programs and systems are effectively administered.

Interesting flag here on a Newsom proposal to create a new housing & homeless agency in California to better coordinate all state housing work.
It's not unlike what @cplusc.bsky.social proposes for housing disaster risk reduction in our #SharedFates report.
www.sfchronicle.com/opinion/open...

For housing & disaster insurance, we can fund housing resilience & make insurance affordable if those that caused this crisis (eg fossil fuel companies & insurers) & would most benefit from it being fixed (eg mortgage lenders) contribute, instead of shifting the costs to regular people. #SharedFates

With Trump set to visit disaster-hit parts of NC & CA today amid political debates about disaster aid, it’s useful to remember that the more we proactively build resilience & an insurance system that’s a true safety net, the less we need to spend public money on reactive disaster aid. #SharedFates

More Americans, Risking Ruin, Drop Their Home Insurance As climate threats worsen, they are skipping payments and losing protection.

New data from Treasury & the Nat'l Assn of Insurance Commissioners is yet more evidence that our current home insurance system is failing households across the country. We urgently need a better system that prioritizes housing resilience & affordability. #SharedFates
www.nytimes.com/interactive/...

This points to some of the pitfalls of believing it's just Southern California or Florida that are risky, or that it's just stupid rich people choosing to live in risky coastal areas.

Our fates are much more shared than that, so we should start acting like it.
#SharedFates

Shared Fates - Climate & Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

A key takeaway: in order to confront the growing housing safety & affordability crisis, we need to understand our fates as shared, and reimagine a home insurance system that reduces risk and provides equitable & fair protection.
climateandcommunity.org/research/sha...
#SharedFates
9/9

Shared Fates - Climate & Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

When we pool our risk reduction, pooling our risk becomes a different conversation. One about how housing can be protected for people, rather than how insurance companies can keep selling policies.

For more on this: climateandcommunity.org/research/sha...
#SharedFates

Risk pooling certainly is. But when we’re talking about climate-driven disasters that aren’t caused by individuals (except oil company execs) & that individuals can’t prevent, is an individual risk approach really the most effective, let alone ethical, response?

I’d argue we have #SharedFates

Shared Fates - Climate & Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

We lay out how to do this in our @cplusc.bsky.social #SharedFates report: climateandcommunity.org/research/sha...

Yep. That’s a key conclusion of the @cplusc.bsky.social report out earlier this year. Luckily we also offer big picture solutions for solving this housing affordability and safety crisis.
#SharedFates
climateandcommunity.org/research/sha...

This conversation between @rhymeswithocean.bsky.social & me about the current failures of our disaster home insurance system and what we can do about it is now up as a podcast!

Listen here: podcasts.apple.com/us/podcast/t...
#SharedFates

I’ll also note that @rfelliott.bsky.social was a key intellectual inspiration for many of the solidarity state (by another name) ideas in the #SharedFates report!

Solidarity w/ Astra Taylor & Leah Hunt-Hendrix Podcast Episode · The Dig · 10/28/2024 · 1h 30m

Here’s the interview they did on The Dig: podcasts.apple.com/us/podcast/t...

And here’s our insurance work: climateandcommunity.org/research/sha...

#SharedFates

‘He should leave’: Garamendi says Lara fails to take on insurance firms amid crisis Garamendi’s comments come as State Commisioner Ricardo Lara navigates the state through an insurance crisis.

Garamendi's right that Lara is too industry friendly, but as
@cplusc.bsky.social research demonstrates, the home insurance crisis is bigger than an insurance commissioner's mandate - lawmakers need to lead an overhaul of the private insurance system.
#SharedFates
www.sfchronicle.com/california/a...

Home Insurance Should Be for Safety, Not Profits The home insurance system is fatally flawed. As climate disasters intensify, it's becoming dangerously clear this system cannot protect us. We need a new model entirely — one focused on safeguarding p...

Many climate advocates are rightly distraught at the loss of federal policy opportunities after the election. But all hope is not lost--there are many opportunities for bold action at state levels. @zacjtaylor.bsky.social & I wrote about one such opportunity: jacobin.com/2024/11/home... #SharedFates

State Farm accused of funneling excess profits to parent as it seeks rate hike State Farm is seeking a 30% rate hike, claiming its California unit is in financial trouble. Consumer Watchdog alleges the home insurer is hiding earnings.

Yet more evidence that insurance companies are more interested in making money than protecting homes.

This is why we need a new approach to disaster insurance for households.
#SharedFates
www.latimes.com/business/sto...

Shared Fates - Climate & Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

In our #SharedFates research with @cplusc.bsky.social, we found that not only do residents of mobile & manufactured homes face obstacles to disaster insurance and recovery funds, they also face difficulties accessing disaster preparedness support. climateandcommunity.org/research/sha...

How Climate Disasters Are Making Mobile Homes a Huge Risk Millions of Americans, many poor and vulnerable, live in mobile and manufactured homes. When catastrophe strikes, they’re often on their own.

“Manufactured housing shows how the affordable housing and climate crises collide... Our most affordable housing supply is the most vulnerable to climate disasters and often falls through the cracks during recovery.” - @andrewrumbach.bsky.social
www.nytimes.com/2024/10/14/c...
#SharedFates

Great to see this critical analysis of “climate risk” data for housing markets.

And @madisoncondon.bsky.social makes a crucial point: so much of the risks and the solutions are collective, so there’s danger in tools like this making it seem like an individual problem.
#SharedFates

Such a clear example of how our disaster insurance system is broken. Separate peril coverage may be good for insurance companies, but for households.

#SharedFates

The mess that is home insurance policy in the US is strikingly clear after Helene’s devastation, as @shannonosaka.bsky.social & @mollyhf.bsky.social report. That’s why @cplusc.bsky.social has proposed a rethink of how the whole thing works: climateandcommunity.org/research/sha... #SharedFates

Shared Fates - Climate & Community Institute Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and …

This is a key point of the research on home insurance that
@cplusc.bsky.social just published -- none of us are safe from climate disasters and the systems we currently have to keep homes safe is wholly inadequate to the task. #SharedFates climateandcommunity.org/research/sha...