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CRE Faces New Risks as the Insurance Industry Reacts to Mounting Climate Costs

Insurance coverage is traditionally real estate owners’ and lenders’ line of first defense against extreme climate events, but the increase in recording-setting floods, storms and wildfires in the past few decades is threatening the insurance industry, raising the cost and decreasing the availability of the financial safeguards they provide to real estate stakeholders.

Detailed text transcripts for TV channel - MSNBC - 20171014:18:32:00

affordable care act is to conifer taxpayer and consumer dollars on the insurance industry. that s what they supported it. the law logs on a whole list of mandates that the insurers have to charge lots and lots of money to cover. that s their cover, so to speak, for raising premiums, raising deductibles, reducing access because they leave markets where even with all of that support they still find they can t make sufficient profit. but this action by the president is another move toward sensibly approaching this issue. and congress does need to act, jacob. congress does need to pass repeal and replacement that actually will make full sense for the american people. but those subsidies, those profit boosting subsidies actually were found to be unconstitutional by a federal appeals court judge in the district of columbia in 2016.

Detailed text transcripts for TV channel - MSNBC - 20170726:00:04:00

governance. it would ultimately reduce the number of americans insured by as much as 32 million. legislation that could very well cause a catastrophic implosion of every single individual health insurance market in all 50 states while raising premiums. are they prepared to own what comes after a yes vote? earlier do you think it is a good idea to restructure a sixth of the american economy without holding a single hearing? what we know is that s the only only available to us right now. we re proceeding from where we are today. there s a lot of us that would have thought earlier that hearings would have been appropriate but became a matter of timing. we have until the end of september in which to utilize this particular reconciliation

Detailed text transcripts for TV channel - MSNBC - 20170626:09:36:00

devastating, and that s what s that s what s making it so hard for them to pass it. that s the minority leader there. talk to us about the majority leader, mitch mcconnell, in ermz it of how confident he is and other republican leaders are heading into this week. basically they have to lay out a positive argument. so far it s just about keeping their promise to voters saying that they wanted to pass this repeal bill, and there is no argument that this would help lots of people or even reduce premiums. they ve always talked about how the skyrocketing premiums in obama care in many cases this would make that worse in terms of raising premiums. that s a hard argument to make. general, not a lot of time left, but i know your colleagues at politico, they have reporting

Detailed text transcripts for TV channel - FOXNEWS - 20170625:17:37:00

democrats have been forthcoming with about ways that they can change the underlying bill without cutting coverage, without raising premiums, without cutting taxes for the wealthy. this doesn t make sense for the american people. trade to very quickly, do they run the risk of having the present flip and say fine, i m going to make a deal with the democrats and moderate republicans. the president is fully supportive of what he will do right now and he will do everything he can. leland: we erred here is making phone calls. rand paul made a joke about that a couple days ago. thank you, both. great conversation. 67 years ago today coming june 25th, 1950. the korean war started when they launch a surprise attack across the 38th parallel in south korea. the u.s. and the nation join the fight to push back over the line.

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