Insurance experts have warned that in could end up raising premiums for homeowners - even for Americans who live thousands of miles away from the natural disaster.
As states in the southern US also rebuild from the disastrous hurricanes from last year, regulators in many states are allowing insurance companies to raise rates to cover costs of events that happened elsewhere, reported.
Regulators also allow this so insurers can pay for reinsurance, which they buy to insulate themselves from expensive claims, like those filed by customers during major catastrophic events.
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