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climate-related risk

Coverage of climate-related risk in the Nexus archive.

Earliest in view: Jun 3 · 10:00 UTCMost recent: Jun 3 · 10:00 UTC
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  • BUSINESSJun 3 · 10:00 UTCNC NEWSLINE
    Navigating North Carolina’s home insurance affordability crisis

    North Carolina homeowners face rising insurance premiums driven by climate-related risks, with a 7.5% increase this month and 55% of policies now using consent-to-rate (CTR) allowing up to 250% above base rates. Over 40 billion-dollar disasters since 2018 and weaker building codes exacerbate costs, while low-credit-score homeowners pay over double for coverage compared to high-credit counterparts.

climate-related risk · Dossier · The Nexus