22 min listen
Why Insurers Are Pulling Out of High-Risk Areas
FromOdd Lots
ratings:
Length:
45 minutes
Released:
Sep 25, 2023
Format:
Podcast episode
Description
This year has seen a spate of insurance companies announcing that they're leaving markets like Florida and California, citing the increased risk of natural disasters, such as floods and wildfires. Elsewhere, premiums for certain types of insurance are skyrocketing — yet many insurance companies can't seem to turn a profit in certain areas. Melanie Gall is the co-director of the Center for Emergency Management and Homeland Security at Arizona State University, and she also manages the Spatial Hazard Events and Losses Database for the United States, known as SHELDUS. In this episode, we talk to her about what's driving insurers away from certain markets, and what can still be done to protect businesses and homeowners from catastrophe.See omnystudio.com/listener for privacy information.
Released:
Sep 25, 2023
Format:
Podcast episode
Titles in the series (100)
Episode 1: Tom Keene on Mathiness and His Favorite Guitar: Episode 1: Tom Keene on Mathiness and His Favorite Guitar by Odd Lots