Wednesday, December 11, 2024

Tag: Senate Banking to Convene Hearing Today on Climate Crisis Becoming a Homeowners Insurance Crisis

Senate Banking to Convene Hearing Today on Climate Crisis Becoming a Homeowners Insurance Crisis

by Pam Martens and Russ Martens, Wall St On Parade:

As climate-related disasters in the United States have taken on the look and feel of sci-fi films, the U.S. Senate Banking Committee will hold a hearing this morning on the dramatic impact this is having on the ability of homeowners to find and keep affordable homeowners insurance policies.

As a backdrop to the hearing, four days ago Jacob Bogage, a business reporter at the Washington Post, shared these revelations with readers: