For those of you who think climate change isn’t a reality or it’s a hoax or fake news, watch how insurance companies are reacting to these catastrophic disasters. Fourteen insurance firms have either left Florida as of April or have policy portfolios that are failing. The fifth-largest homeowners' insurance provider in the United States, said in July that it would not renew nearly a third of its policies in the Sunshine State. A state-backed policy in California, covers 3 percent of residents.