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Fires and Floods with Firas Saleh

Moody's Talks - Inside Economics

CHAPTER

Mortgage Trends and Insurance Insights

This chapter explores significant trends in mortgage refinancing applications, noting a 90% year-over-year increase and its implications on housing dynamics. It also addresses crucial issues surrounding insurance coverage for climate-related risks, revealing alarming statistics about flood insurance among at-risk populations. The discussion further examines the impact of social inflation on insurance premiums and how recent legislative changes in Florida might stabilize market prices.

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