In the last of twenty hearings examining the fiscal risks of climate change, Chairman of the Senate Budget Committee Senator Sheldon Whitehouse provided a report analyzing home insurance market data from 2018-2023 that highlighted climate change as a driving factor in non-renewal rates. Experts in the insurance industry were invited to provide their perspectives on the correlation between rising non-renewal rates and climate change. Among these experts was Dr. Hartwig, professor of finance at the University of South Carolina, who focused his testimony on other factors influencing these increasing rates. To read more about this hearing, click here.