Groups call for greater federal oversight of insurance industry

Climate Cast

English - November 10, 2023 18:51 - 4 minutes - 4.02 MB - ★★★★★ - 79 ratings
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Insurance losses from climate-enhanced extreme weather disasters are changing the insurance landscape.

And this week, several groups have sent a letter to Treasury Secretary Janet Yellen and the Financial Stability Oversight Council to call for greater federal oversight of the insurance industry in light of soaring disaster costs.

Anne Perrault, finance policy counsel with advocacy group Public Citizen, shared more about the asks.