The $1.2 Billion Shock: Australia's Home Insurance Crisis Just Got Worse
#HomeInsurance #CostOfLiving #Insurance #AusNews #AIGenerated
The $1.2 Billion Shock: Australia's Home Insurance Crisis Just Got Worse
#HomeInsurance #CostOfLiving #Insurance #AusNews #AIGenerated
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"Protection Gap Deepens: The share of uninsured homes in the U.S. has more than doubled—from 5% in 2019 to 12% in 2025—as the rising climate risk and market dynamics combine to limit the private insurance sector’s ability to close this gap."
https://ethicalmarketingnews.com/escalating-extreme-weather-risks-push-u-s-insurance-system-to-breaking-point
#HomeInsurance
A new report from World Wildlife Fund, Tackling The Insurance Protection Gap, warns that the rising frequency and severity of extreme weather is driving an insurance crisis in the United States, leaving millions of households and businesses financially exposed. “The insurance protection gap is the canary in the coal mine for the U.S. economy, and
"The Trump administration’s policies on climate, cutting funding to key programs, [and] reducing access to and limiting the collection of climate data are contributing to an increase in property insurance rates for homeowners, said insurance industry analysts and experts.
Steep tariffs on materials like lumber, steel, & aluminum are raising construction and repair costs, which will likely be passed on to consumers through higher home insurance premiums."
https://yaleclimateconnections.org/2025/12/trumps-anti-climate-policies-are-driving-up-insurance-costs-for-homeowners-say-experts/
#HomeInsurance
CPH Daily Bulletin 12/9/2025
REPORT: The #California #HomeInsurance Challenge in Eight Charts - Terner Center for Housing Innovation (UCB)
https://ternercenter.berkeley.edu/blog/the-california-home-insurance-challenge-in-eight-charts/
Authors: Hongwei Dong, Professor, California State University, Fresno Carolina Reid, Faculty Research Advisor, Terner Center Zack Subin, Associate Research Director, Terner Center Quinn Underriner, Senior Data Scientist, Terner Center Download a PDF As wildfires and other hazards driven by climate change grow more frequent and intense, California homeowners face escalating... Read more »