The AIG move stands out from similar recent moves by its competitors, both because of the broadness of its reach — touching states that are not normally considered in the high-risk pool — and what that breadth says about the years to come. (Credit: Philip Pacheco/Bloomberg) The AIG move stands out from similar recent moves by its competitors, both because of the broadness of its reach — touching states that are not normally considered in the high-risk pool — and what that breadth says about the years to come. (Credit: Philip Pacheco/Bloomberg)

(Bloomberg) — A summer that has already seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between climate change and the price of homeowners' insurance in the U.S.

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