Organizations Involved: Environmental Defense Fund
Source: Federal Insurance Office
These comments support the Federal Insurance Office’s proposal to collect information from property and casualty insurers regarding current and historical underwriting data on homeowners’ insurance. This data collection would mark a critical step towards understanding how climate-related disasters may affect the availability and affordability of insurance for U.S. householders. This data is also needed to assess the systemic risks that climate change could pose to both the insurance industry and the U.S. financial system more broadly.