Nadia Lopez
California reporter
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Mar 5, 2024 • 14min
A New Housing Crisis Is Brewing In Places Prone to Climate Disasters
Private home insurance providers are retreating from US regions vulnerable to catastrophe, leaving homeowners turning to state-created insurance plans. These plans hold over $1 trillion in risk, potentially leading to a financial crisis. The podcast explores the impact of climate disasters on housing markets, challenges faced by insurers, and the need for greater financial transparency in insuring high-risk areas.
