Climate Change Is Breaking Insurance. Here ’s How Tech Could Save It

If floodwaters outside a warehouse in Freeport, Texas, owned by private investment firm Postlane Partners rise to 8 inches, an internet-connected sensor will trigger an automatic $3 million payment from an insurance company, a startup called FloodFlash. If the waters rise to 16 inches, the payment…#freeport #postlanepartners #floodflash
Source: Reuters: Health - Category: Consumer Health News Source Type: news