{"id":252752,"date":"2024-06-19T12:30:00","date_gmt":"2024-06-19T12:30:00","guid":{"rendered":"https:\/\/news.republicofgreen.com\/climate-change-is-driving-an-insurance-crisis-policymakers-and-regulators-must-act\/"},"modified":"2024-06-19T13:25:10","modified_gmt":"2024-06-19T13:25:10","slug":"climate-change-is-driving-an-insurance-crisis-policymakers-and-regulators-must-act","status":"publish","type":"post","link":"https:\/\/news.republicofgreen.com\/climate-change-is-driving-an-insurance-crisis-policymakers-and-regulators-must-act\/","title":{"rendered":"Climate Change Is Driving an Insurance Crisis: Policymakers and Regulators Must Act"},"content":{"rendered":"
If you own a home in a flood-prone community or in a wildfire-prone area, you\u2019ve probably seen your flood or home insurance rates go up in the last year, or are worried that they soon will. You may even worry you\u2019ll be dropped entirely by your insurance provider. <\/p>\n
If you\u2019re a renter, you too may be feeling the pinch as rising insurance premiums are also hurting the rental market for affordable housing. Accelerating risks from climate change are colliding with shortcomings in insurance markets\u2014such as a lack of transparent information and affordability provisions\u2014to create a perfect storm for people and communities on the front lines of floods, droughts, and wildfires. As climate scientist Michael Mann has said, \u201cUninsurability is the first stage of uninhabitability.\u201d<\/p>\n
Last year, I wrote about the worsening risks of climate…<\/p>\n<\/div>\n