Wednesday - November 27, 2024
REJECTED: Congressional Budget Office: 'Climate Change, Disaster Risk & Homeowner's Insurance'(Part 1 of 3)
August 31, 2024
WASHINGTON, Aug. 31 (TNSrep) -- The Congressional Budget Office issued the following report on Aug. 27, 2024, entitled "Climate Change, Disaster Risk and Homeowner's Insurance."

Here are excerpts:

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At a Glance

Climate change heightens the risks of wildfires and other natural disasters. As insurance payouts for losses sustained in those disasters increase and as uncertainty about future losses grows, people in many high-risk areas . . .

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