by Mike Tidwell
The first vision, articulated by mega-insurer Allstate Corp., anticipates a dangerously warmer world where sea-level rise and bigger hurricanes bring potentially huge financial pain to Maryland's already reeling economy.
The second vision, articulated last month by Gov. Martin O'Malley, anticipates something totally different. By fighting global warming with clean, efficient energy, the state will prosper thanks to a $2 billion economic boom in investment and savings, says O'Malley. And this year O'Malley is sponsoring legislation - backed by environmentalists, labor unions, and manufacturers - to get the job done.
Anyone who doubts that global warming is a problem need only remember that Allstate, one of America's biggest insurers, began openly retreating from Maryland's fragile coastline in 2006. After reviewing the latest climate science, the company announced that major Atlantic hurricanes are indeed becoming more frequent and that the ocean itself is rising. These two factors could spawn Katrina-like conditions here. To avoid exposure to a mega disaster, the company stopped issuing new homeowners policies in 2006 in all or part of the state's 11 eastern-most counties.











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