Insurers are struggling as climate change-fueled damage intensifies. So are homeowners. Clearly something has to change.
Enter a novel program run by North Carolina’s insurer of last resort that incentivizes homeowners to install roofs that can stand up to extreme winds. It’s still relatively small, but it comes at a time when the federal government is pulling back.
Bloomberg Green
By Leslie Kaufman and Laura Millan
December 1, 2025