Crony Environmentalism: Insurance Firms Exploit Climate Fears to Raise Rates

Crony capitalism describes unduly close relationships between businesses and governments. It should also apply to groups which regularly favor one business over another for reasons other than financial profitability. It is a naive approach, because business is ultimately about profit. Anything else is a marketing ploy to further business opportunities. A business that does not make profit does not survive, no matter how green they may appear. Alternative-energy companies often demonstrate this, as many of them fail despite generous taxpayer-funded subsidies.
Recently, certain insurance premiums have risen dramatically. Why? Some firms say it is due to global increases in natural disasters.

http://pjmedia.com/blog/crony-environmentalism-insurance-firms-exploit-climate-fears-to-raise-rates/