Why Your Insurance Bill Now Includes Climate Risk

In this episode of Climate Economics, Lucas and Luna explore how climate change is reshaping the insurance industry, using Florida homeowners as a concrete case. They unpack the concept of 'climate-adjusted premiums,' the role of reinsurance giants like Swiss Re, and what happens when insurers stop writing policies in high-risk zones. The episode connects rising premiums to broader economic impacts on housing markets and state budgets, and asks whether the federal government will step in as the insurer of last resort. Specific numbers include a 40 percent premium increase in Florida over two years and a $15 billion state-run insurer exposure. #Insurance #ClimateRisk #Florida #Homeowners #Premiums #Reinsurance #SwissRe #HousingMarket #EconomicImpact #StateInsurer #CitizensInsurance #FederalBackstop #Adaptation #RiskModeling #Disclosure #Economics #BusinessPodcast #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo