Andrew J. Hoffmann | The Conversation
Professor of Management & Organizations, Environment & Sustainability, and Sustainable Enterprise, University of MichiganPerson Page
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Nationwide, property insurance premiums rose 34% between 2017 and 2023, and they continued to rise in 2024 across much of the country. Why is this happening? One common thread: Climate change is fueling more severe weather, and insurers are responding to rising damage claims.