“We are asking the question: What is the prominence of extreme weather events and how are they important in the overall calculation of property insurance?”

Dale Hall, director of research for the Society of Actuaries Research Institute, said: “We are asking the question: What is the prominence of extreme weather events and how are they important in the overall calculation of property insurance? One thing that we’re doing a lot more of is looking at what risks like flood and wildfire might be, how they might be changing.”

Read more here: How climate change impacts homeowners insurance in Philly region – WHYY