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How climate change could cause a home insurance meltdown

03:44
A row of mailboxes tagged with evacuation notices during the Oak Fire in Mariposa, Calif., in July 2022. Many residents in the area are losing their home insurance because of rising wildfire risk. (Bloomberg via Getty Images)
A row of mailboxes tagged with evacuation notices during the Oak Fire in Mariposa, Calif., in July 2022. Many residents in the area are losing their home insurance because of rising wildfire risk. (Bloomberg via Getty Images)

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