The cost of climate change: insurance edition
Jul 4, 2023

The cost of climate change: insurance edition

Thanks to climate change, insurance costs are going up. Major providers are pulling out of high-risk markets, and remaining coverage options can cost an arm and a leg. Plus, how small businesses decide whether to raise their prices, as inflation slows but doesn't stop.

Segments From this episode

Are insurers accurately pricing in climate change risk?

A Federal Reserve study suggests that states have largely decoupled homeowners rates from underlying risks, says Marketplace's Chris Farrell.
Natural disasters have increased in scope and scale, increasing costs but not always homeowners premiums. Senior economics contributor Chris Farrell expects reform to come to the market.
Michael M. Santiago via Getty Images

As offices sit empty, some banks are more cautious about commercial real estate loans

Jul 4, 2023
Office building vacancies remain elevated, especially in coastal cities. Lenders worry about developers’ ability to pay back their debt.
iStock / Getty Images Plus

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Jordan Mangi Digital Producer
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC