EXTREME WEATHER PREMIUMS
A UCLA study reveals that January's wildfires in Los Angeles County could cost up to $164 billion, making it the second-most expensive natural disaster in U.S. history. The article explores the devastating economic toll, including loss of life, destroyed homes, and long-term impacts on California's economy.
INSURANCE COMPANIES
EXTREME WEATHER HITS INSURANCE
A rise in rates, pauses, and heavy restrictions for home insurance policies amidst disasters are significantly changing the insurance landscape for homeowners.
A rise in rates, pauses, and heavy restrictions for home insurance policies amidst disasters are significantly changing the insurance landscape for homeowners.
CLIMATE CHANGE COSTS
Climate-driven migration is already depressing property values and tax bases in high-risk communities while inflating housing costs in perceived climate-safe destinations, per economists and urban planners.
USDA Agricultural Weather Highlights shows concurrent drought, flooding, and frost across key U.S. regions in May, raising crop insurance claims, threatening wheat yields, and pressuring commodity prices.
Opinion piece from former FHFA acting chief of staff warns that rising insurance premiums and insurer withdrawals from high-risk states are undermining mortgage affordability and creating systemic concentration risk across lending portfolios.
Brookings investigates why homeowners’ insurance premiums are rising, what role climate change is playing, and how policymakers might respond.
More than half of U.S. adults say they have incurred costs due to an extreme weather event over the past 10 years
GLOBAL INFLATION EXPLAINED
<a href=/climate-inflation-resources/inflationexplainedbyglobalbigmacprices>The easy way to understand global inflation trends through the comparison of Big Mac prices across the world</a>
