Jul 4, 2023

The cost of climate change: insurance edition

Joe Raedle/Getty Images

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?

by David Brancaccio , Chris Farrell and Ariana Rosas

Jul 4, 2023

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

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

by Justin Ho

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

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Jordan Mangi Digital Producer

Jesson Duller Media Producer

Brian Allison Technical Director

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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