Sep 27, 2021

Systemic Risk to the Housing Market from Flooding

Climate change represents a systemic risk to the US housing market. With the federal government backing the majority of US mortgages, a major flooding event can create cascading losses for homeowners, Freddie and Fannie, and ultimately US taxpayers. Better insurance markets will help improve climate change resilience and soften the blow of destructive weather. Mother Jones shares a report from the Research Institute for Housing America on the risks and opportunities for more comprehensive insurance in the face of climate change.

Get to Know us

Related Posts

Mar 29, 2022

Annex Risk Named to Guidewire Insurtech Vanguards Program

Annex Risk is excited to announce its selection to Guidewire’s Insurtech Vanguards program. APIs are unlocking massive opportunities for brokers and carriers, and we are thrilled to collaborate with Laura Drabik and the Guidewire team as we build the modern infrastructure for flood and earthquake insurance.

Nov 29, 2021

Atmospheric Rivers Likely to Increase Risk of West Coast Flooding

Warming oceans are increasing the intensity and severity of atmospheric rivers. These weather patterns can drop inches of rain in just a few hours, often leaving catastrophic flooding in their wake, and posing a new risk for West Coast homeowners.