Home mortgage and insurance systems encourage development in climate-risky places, and we all pay the price

Last year was the most expensive year to date for climate-related disasters in the U.S., with more than 20 extreme weather events causing losses of over $1 billion each. Two long-term trends are driving up this price tag: extreme weather events are becoming more intense, and the U.S. keeps building more—and more expensive—homes in risky … Continue reading Home mortgage and insurance systems encourage development in climate-risky places, and we all pay the price