With global warming comes more disasters, and insurance companies are pulling out of risky areas

In Redding, California, firefighters are still battling the large Mountain Fire that broke out late Thursday morning. It's not far from where the Carr Fire burned more than 200,000 acres last year. Globally, Greece, Spain, Indonesia, and France are seeing fires. In Brazil, the Amazon rainforest is burning out of control. These kinds of natural disasters have become more frequent as the effects of climate change set in.

After the fires are put out, at least in California, people usually want to move back and rebuild. But now, more and more insurers are refusing to sell policies to people in risky areas. Insurers are also pulling out of hurricane and flood-prone areas.