(Outlet: The Guardian) ‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say.…Read More
(Outlet: The Guardian) ‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say.…Read More
(Outlet: Fast Company) Nine of the 15 major U.S. counties with the largest home insurance increases are in Florida.…Read More
(Outlet: Reuters) A rare bright spot for environmentalists in last week’s U.S. election results came in Washington State, where voters easily defeated an attempt to end the state’s carbon market by a margin of 62% to 38%. Analysts said the result was in line with widespread interest in the structures that allow investors to put a price on emissions.…Read More
(Outlet: The Washington Post) Benjamin Keys, a real estate and finance professor at the University of Pennsylvania’s Wharton School, is forecasting a more gradual decline in regional markets, rather than an imminent severe downturn.…Read More
(Outlet: Marketwatch) “While there are predictable seasonal patterns, weather extremes can quickly add to soaring bills even if you agreed on a fixed electricity price with your provider. If you want to avoid bill surprises, it is important that you occasionally check on your up-to-date power consumption through your utility’s online portal, and adjust if needed,” says Arthur van Benthem, Associate Professor of Business Economics and Public Policy at the Wharton School.…Read More
(Outlet: The New York Times) As the Southeast begins to recover from back-to-back hurricanes, potential home buyers across the country should take notice of the billions of dollars in property damage from the storms, some of it uninsured. The tremendous loss in places such as Swannanoa, N.C., and Keaton Beach, Fla., shows that homeownership in a world of growing disaster risk is less of an asset than it once was, writes Ben Keys.…Read More
(Outlet: The Washington Post) As buyers and sellers wake up to risks on a hotter planet, Cape Coral might be a preview of what millions of homeowners throughout the country could face: a slow and almost imperceptible re-pricing of many people’s biggest asset.…Read More
(Outlet: Wharton Magazine) From piloting an Indian water-monitoring technology that helps farmers keep an eye on fish production to mobilizing $5.7 billion in capital toward toilets and taps, Wharton alumni are making a difference in the water industry.…Read More
(Outlet: Politico) The powerful hurricanes that have devastated the East Coast are putting the financial stability of state-run insurance plans back in the spotlight, POLITICO’s Zack Colman reports.…Read More
(Outlet: Wall Street Journal) Hurricane Milton has taken a heavy toll on families, property and businesses. But in the complex insurance market, the effects aren’t so straightforward. …Read More