Note sull'episodio
Home Insurance Crisis in the United States
Date: January 19, 2025
Subject: Overview of the Home Insurance Crisis in the US, with a Focus on California and Florida
Summary: Meteorology Matters analyzes the escalating home insurance crisis in the US, particularly in California and Florida. The analysis highlights key themes including:
- Rising Insurance Costs: Home insurance premiums are increasing at rates surpassing inflation, driven by factors like reinsurance costs, litigation expenses, and the escalating frequency and severity of climate change-related disasters.
- Insurance Nonrenewals and Cancellations: Insurers are increasingly dropping policies in high-risk areas, forcing homeowners to seek expensive alternatives or forgo c ...