Policy brief finds climate-driven disasters are surging insurance claims, with 30-40% of Louisiana mortgage loans now failing due to high home insurance costs, and the U.S. facing a widening crisis of coverage availability and affordability.

Brookings analysis finds climate-driven homeowners insurance instability is widening wealth and homeownership gaps, with low-income Black and Latino communities disproportionately exposed to premium spikes and coverage losses.

Triple-I report confirms tornadoes, hail, and severe thunderstorms caused $51B in U.S. insured losses in 2025—the third consecutive year above $50B—with total economic damages topping $68B and a record 300 tornadoes in March 2025 alone.

Gallagher Re and Aon report Q1 2026 global insured losses of approximately $20B—below the 10-year average—driven by late-starting U.S. convective storm activity, though analysts warn the industry is heading into more costly summer and hurricane months.

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.

A landmark GAO report finds that while national average home insurance premiums rose 3% (inflation-adjusted) from 2019–2024, coastal and disaster-prone areas saw increases of 25–100%, with natural disaster risk directly driving the affordability crisis.

NPR examines whether a quieter 2025 disaster season will translate into premium relief, finding that insurers remain reluctant to cut rates given mounting long-term climate losses that have exceeded $100B annually four of the past five years.

Mortgage professionals report that climate-driven insurance costs are now routinely collapsing purchase deals and inflating PITI payments by hundreds of dollars monthly, prompting calls for the federal 'US Re' reinsurer proposal.

Brookings companion paper reviews how France, Japan, Spain, and others use public reinsurance to keep climate-risk insurance affordable, presenting models for proposed U.S. federal intervention in a market where premiums have risen 28% since 2017.

Brookings investigates why homeowners’ insurance premiums are rising, what role climate change is playing, and how policymakers might respond.