Ineteconomics

How Climate Denial is Fueling a U.S. Homeowners Insurance Crisis and Risking a 2008-Style Financial Meltdown

New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks' fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners -- and financial stability for everyone.
Everyone’s freaking out about soaring homeowner’s insurance costs in the wake of devastating California fires. Right now popular anger focuses mostly on greedy insurance companies, but is that the whole story? Are they truly the main reason behind these rising premiums, or are other factors at play?

Appelbaum and Batt Cite Their INET-Funded Research in the Boston Globe

Boston Globe
“But a first-of-its-kind Massachusetts law that Governor Maura Healey signed this month will rein in private equity greed in health care, offer hope that the state can avoid similar future crises, and serve as a model for other states to build on.
The new law effectively bans deals like the one Steward made with MPT, a real estate investment trust.

Beyond Industrialism: Building Communities That Work for People

Fred Block, Research Professor of Sociology at UC Davis, joins Rob Johnson to discuss his latest book, The Habitation Society, which explores the need to move beyond industrial-era economic models to create an economy that prioritizes community well-being. Block critiques how economic policies have fueled inequality and stagnation while offering solutions—such as restructuring public finance—to foster prosperity for all.

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