Rising insurance costs indicate growing climate risk for state and local governments

10/10/2024 17 min Episodio 47
Rising insurance costs indicate growing climate risk for state and local governments

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Episode Synopsis

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 RatingsHost: Nick Samuels, Senior Vice President, Moody’s RatingsRelated content on Moodys.com (may only be available to registered users and subscribers):State and Local Governments – US: Rising insurance costs indicate growing climate risk to state and local governments

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