Why Climate Matters: Home Insurance

For decades, U.S. homeowners have counted on property insurance to protect them from catastrophic loss if their homes are destroyed. But last year, private companies pulled their coverage in multiple climate-sensitive states, only months before the fires in Los Angeles and the hurricanes in the Southeast region wreaked havoc. As climate disasters become more frequent, can home insurance hold up? 

This episode was originally released on September 27, 2023.

Featured Guests

David Marlett, Managing Director of the Brantley Risk & Insurance Center, Appalachian State University

Nancy Watkins, Principal and Consulting Actuary, Milliman

For an episode transcript and show notes, visit us at  https://www.cfr.org/podcasts/could-climate-change-break-home-insurance