QA ONLY: Examining Insurance Markets and the Role of Mitigation Policies 05-01-25 - Banking

00:00:00 How we are working to resiliently face climate change and wildfires
00:04:47 Why Insurance Costs Are Increasing Faster Than Premiums
00:16:13 Who should pay for mitigation and how should we pay for it?
00:30:20 Why Nebraska's Homeowner Insurance Rates Are Up
00:43:26 How Insurance Fraud Is Increasing Costs for Everyone
00:55:47 In 100 days China is viewed as a more reliable trading partner than

The House Insurance Committee held its first meeting of the year on Tuesday. CNN's John Sutter talks about the need for a more resilient insurance market. Sutter: Insurance is not just a financial product, it's peace of mind. He says more Americans are finding that that coverage is either unaffordable or unavailable.

Summary generated by AI

This is just the direct questions and answers portion of the hearing, not commentary.
Full video at https://www.banking.senate.gov/hearings/examining-insurance-markets-and-the-role-of-mitigation-policies.
Let me know if the full video link is down and I'll upload the full version.