Rising insurance costs indicate growing climate risk for state and local governments
The availability and affordability of home insurance is declining as damage from hurricanes and wildfires becomes more frequent. That could have negative implications for property values and tax revenues, particularly in the most disaster-prone states.
Guests: Michael Wertz, VP - Senior Analyst, Moody’s Ratings; Denise Rappmund, VP - Senior Analyst, Moody’s Ratings
Host: Nick Samuels, Senior Vice President, Moody’s Ratings
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- State and Local Governments – US: Rising insurance costs indicate growing climate risk to state and local governments
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