Whether termed “climate change” or “extreme weather,” an increasingly unstable environment is damaging homes and other property at an accelerating pace faster than observed in decades. Finance professor Clifford Rossi, who has served in executive risk management roles for the…
Tag: Homeowners insurance
How to Solve the US Homeowners Insurance Crisis
Clifford Rossi, formerly a senior risk executive for the likes of Fannie Mae, Freddie Mac, Citigroup and Washington Mutual, proposes a Federal Natural Hazard Insurance Corporation – a private-public approach to providing homeowners insurance across all natural hazards and states that would address myriad failures in today’s insurance market.