Benjamin Keys

Benjamin Keys, a Professor of Real Estate and Finance at the Wharton School, dives into how California's wildfires have wreaked havoc on the state's insurance market. He explains the escalating costs of insurance and the risks homeowners face, as well as the looming financial crisis for insurers. The discussion highlights the intricate relationship between rising insurance costs, home values, and regional banking stability. Keys also sheds light on federal flood insurance and the need for proactive measures in the face of climate change.

Benjamin Keys, a climate change researcher at the Wharton School, joins the discussion on how climate change is reshaping the home insurance market. He highlights the increasing difficulty homeowners face in obtaining affordable insurance as natural disasters become more frequent. The conversation delves into the rising premiums and the challenges presented in high-risk areas like Florida and Colorado. Keys emphasizes the need for data-driven decisions and community collaboration to navigate these looming threats in the housing market.