A look now at challenges in the property Insurance Market. Witnesses discuss marketplaces and insurance providers leaving california, texas and other states. This hearing held by the Senate Banking financing in urban affairs committee. The committee a banking, housing and urban affairs come to order. Looking back witnesses who have been here before and welcome colleagues and staff. First hearing obviously posed labor day. A few Financial Decisions more important than buying a home, homebuyers making an investment in themselves, their families, their communities. It is an act of optimism and also stressful. Families have so much to think about, making sure they are covering the down payment, navigating the mortgage and closing process, catching up with the new school if they have children. Buying Homeowners Insurance has always been a part of that process giving families peace of mind. Homeowners are confident their premiums are a backstop against devastation that could ensue if the lar
A look now at challenges in the property Insurance Market witnesses discuss the impact of rising Interest Rates, oversight of Insurance Marketplaces and insurance providers leading california, texas and other state this hearing held by the senate, taking housing and urban housing committee. Committee banking, housing and urban affairs, to order. Witnesses who have been before and welcome, colleagues and staff first hearing, obviously, post labor day. A few Financial Decisions are more important than buying a home but homebuyers are making the best for themselves, their families and communities. Homebuying is an act of optimism and also stressful families buying a new home have so much to think about a sure they cover that down payment, navigating mortgage and closing process, moving in, getting kids set up in new schools if they have children. Buying Homeowners Insurance has been a part of the process that gets families certainty and peace of mind for homeowners are confident their mon
Democracy. A look that what challenges the property Insurance Market. Witnesses discussed the impact of rising Interest Rates, oversight of state Insurance Marketplaces and insurance providers departing california, texas and other states his hearing is on the Senate Banking housing and urban affairs committee. [background noises] [background noises] [background noises] [laughter] [background noises] the command banking housing and affairs come to order. Welcome back witnesses who have been here before and welcome colleagues and staff. The first hearing post labor day. A few Financial Decisions are more important than buying a home. Homebuyers make an investment in themselves, their families, their communities. Homebuying is an act essentially active optimism. It is also stressful. Families buying a new hole have so much to think about making sure they cover their down payment, navigating the mortgage included thing a process. Ovmoving in, getting kids set ua new school theft shall divi
To actual temperatures, two things are readily evident. First, temperatures have flat lined over the last 15 years, and secondly, an average of over 100 climate models from the last decade show that the Scientific Community did not predict this would happen. To my knowledge, not a single climate model ever predicted that a pause in Global Warming would ever occur. Senator sessions is going to go deeper into this. The truth completely contradicts the president s statement and begs the question as to why he and the epa not only continue to deny the truth but why it has raced to stop this information from disseminating into scientific record. What im referring to is the administrations effort with other nations to lobby the ipcc to back up the president s statement in the most recent report. And while i did not think the ipcc explanation was sufficient, i have to at least give them credit for recognizing the facts for what they are and that the hiatus has occurred and does exist, is exist
Well now go to senator carper. For years ive been working with my colleagues here in congress and administration and all kinds of stakeholder groups across the country to tackle one of the Biggest Challenges of our generation, and thats Climate Change. I believe Climate Change exists and were living on borrowed time. The longer we wait to address the issue the more damaging and expensive it becomes. Before the recent session we had members from both parties including myself put forth legislative proposals that would grow our economy and provide for a safer climate. This was a time when our Climate Change debates focused on how we would grow our economy and clean our environment. Its not a novel idea in the 1970s and 1990s, republican president s and majority of members on both sides of the aisle supported, as youll recall, the Clean Air Act and the Clean Air Act amendments of 1990. These clean air protections protected our health but allowed our economy to grow exponentially. Unfortuna