The nonrenewal data gathered in the Committee's investigation confirmed a correlation between rising nonrenewal rates and rising insurance premiums. (Credit: Brazhyk/Adobe Stock)

In early 2023, the Senate Budget Committee began a series of hearings to examine the risks climate change poses to the insurance, mortgage and property markets in coastal regions and areas at elevated exposure to wildfire.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

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