New York Times: "Why California and Florida Have Become Almost Uninsurable"
RFF Fellow Penny Liao is quoted in this column about recent decisions by homeowner insurance companies to curtain business in Florida and California.
Allowing private insurance companies to charge more would keep the market functioning, but it’s politically challenging. “People just don’t like to buy disaster insurance,” Yanjun Liao, an economist and fellow at the think tank Resources for the Future, told me. “That is a fact that is documented across the world.” Governments want insurance to be both affordable and available, but when it’s more affordable it’s less available and vice versa. “That tension is very hard to resolve,” Liao said.
Media Highlight — Nov 13, 2023
Chesapeake Bay Journal: “Salt Patches, a Product of Rising Seas, Are Spreading Rapidly on the Chesapeake’s Eastern Shore”
A peer-reviewed article coauthored by RFF Senior Fellow Becky Epanchin-Niell is the subject of an article about saltwater intrusion in the Chesapeake region.
Resources Radio — Oct 17, 2023
The US Wildfire Workforce, with Emily Browne
Emily Browne discusses her experience fighting and preventing wildfires in Alaska with the US National Park Service.
Resources Magazine — Oct 4, 2023
As Sea Levels Rise, So Does Wastewater
Sea level rise poses a threat for waste disposal infrastructure. In houses with septic systems, rising wastewater can cause unhygienic overflows and system failures. More funding and community involvement can help address this expensive, growing problem.