The country’s top climate finance experts are joining forces to tackle an increasingly urgent question: How to keep people housed — and insured — as one natural disaster after another devastates communities.
The issue has grown particularly dire in recent years as insurance companies drop coverage and increase premiums in response to increasingly destructive natural disasters, threatening households’ ability to find and pay for coverage — and keep their homes.
But at least so far, research and advocacy around the issue have been “scattered and fractured” at best, said Carolyn Kousky, an associate vice president at Environmental Defense Fund.
Which is why Kousky, alongside other housing and insurance experts, launched a nonprofit Friday to tackle the issue. Dubbed “Insurance for Good,” the organization aims to serve as a central hub that streamlines related research, information and policy solutions — and facilitates more ambitious work down the line.
