Climate Change, Disaster Risk, and Homeowner’s Insurance
Presentation
Presentation by Sheila Campbell, an analyst in CBO’s Microeconomic Studies Division, and David Torregrosa, an analyst in CBO’s Financial Analysis Division, at the American Academy of Actuaries Annual Meeting.
CBO conducts research about natural disaster risk, insurance coverage, and the effects of climate change on insurance markets. This presentation describes the findings of the agency’s recent studies, highlighting the increased uncertainty about projected losses from natural disasters and alternative insurance products and policy approaches that could increase the availability and affordability of insurance for homeowners.
