'Protection Gap'

'Protection Gap'

Update: 2024-10-16
Share

Description

Climate change is exposing a “protection gap” for Americans seeking insurance against property losses. This gap could spell trouble for U.S. house prices and the wider economy. Host Carmel Crimmins talks to Penny Liao, an economist and fellow at the think tank Resources for the Future, about the climate risk facing homeowners. Plus, we hear how people in Florida are coping in the aftermath of hurricanes Milton and Helene.


Sign up for the Reuters Econ World newsletter here.


For information on our privacy and data protection practices visit the Thomson Reuters Privacy Statement.


You may also visit megaphone.fm/adchoices to opt out of targeted advertising.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
The dollar

The dollar

2025-04-1620:14

Trade and Australia

Trade and Australia

2025-04-0918:59

China's price problem

China's price problem

2025-04-0217:55

India

India

2025-03-2619:33

Recession

Recession

2025-03-1921:25

Conglomerates

Conglomerates

2025-03-0519:52

Coffee

Coffee

2025-02-2621:14

Critical Minerals

Critical Minerals

2025-02-1921:16

'Decoupling'

'Decoupling'

2025-02-1220:00

Trump tariffs

Trump tariffs

2025-02-0619:23

Bond vigilantes

Bond vigilantes

2025-01-2921:02

UK

UK

2025-01-2316:45

Gold

Gold

2025-01-0821:40

Cocoa

Cocoa

2024-12-1124:12

EV batteries

EV batteries

2024-12-0420:09

Inflation

Inflation

2024-11-2720:16

AI

AI

2024-11-2022:42

loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

'Protection Gap'

'Protection Gap'

Reuters