Housing Prices, Climate Signals and Reinsurance Shocks with Dr. Philip Mulder
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Housing Prices, Climate Signals and Reinsurance Shocks with Dr. Philip Mulder
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Register here for the January 8 Risky Science Podcast Live
This week on the Risky Science Podcast, I’m joined by Dr. Phillip Mulder of the University of Wisconsin, co-author of a newly released research paper examining how these insurance pressures are influencing who buys, who moves, and who can no longer afford to stay.
The research has drawn significant attention, including coverage in The New York Times. Dr. Mulder explains how one of the primary underlying forces in this emerging economic crisis is a series of “reinsurance shocks” — repricing events driven in part by catastrophe model estimates that are reverberating throughout the U.S. economy.
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