Browsing: climate change

Recent findings show growing anxiety among Kiwis regarding natural disasters, with insurers reporting a spike in claims related to storms and floods

The U.S. homeowner’s insurance market faces significant challenges due to climate change and urban development, threatening millions of families nationwide. This article examines the crisis, its cascading effects, and potential mitigation strategies across three key domains: pricing and underwriting innovations, data availability and modeling capacity, and built environment vulnerability mitigation.

Texas homeowners face rising insurance premiums due to intensifying weather events and inflation

Increasing natural disasters and rising insurance premiums are affecting homebuyers’ decisions, particularly in high-risk areas prone to flooding and wildfires

Hawaiʻi Public Radio reports on key legislative measures that could bring significant changes to the state, focusing on climate resilience, property insurance, fireworks regulations, and utility company liability.

As extreme weather intensifies, voters nationwide are increasingly concerned about rising property insurance costs and want government intervention to protect consumers

A recent report shows Arizona’s homeowners insurance rates rose 48% between 2021 and 2024, driven partly by wildfire risk. State Senator Mark Finchem suggests solutions including reinsurance programs and subsidized fire fuels mitigation.

California homeowners pay some of the lowest insurance rates in the US, but this affordability masks a deepening crisis in the state’s insurance market.

Voters identify insurance executives and extreme weather events as main culprits behind rising insurance rates

Extreme weather events and Trump tariffs expected to drive up costs for homeowners nationwide