California’s Uninsurable Homes Crisis: Could Belgium Face the Same Fate in a Climate Disaster?

California’s Uninsurable Homes Crisis: Could Belgium Face the Same Fate in a Climate Disaster?

The 2021 Wallonia Floods: A Breakdown of ‍who Pays for Natural Disasters In 2007, a landmark agreement was reached between the⁤ Belgian government and insurance companies to share the financial burden of ⁢major disasters. However,the devastating 2021 floods in Wallonia exposed the fragility of this arrangement,leaving questions about accountability and compensation unresolved. The agreement ​stipulated … Read more