A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners insurance data before it may be too late.
The nationwide data was collected by the National Association of Insurance Commissioners (NAIC). Early this year, at the urging of insurance trade associations, FIO backed off a plan to collect data on climate-related risks from property/casualty insurers. Instead, FIO said it would coordinate with NAIC to collect the data, and release an analysis of availability and affordability.
Related: Industry Trades Applaud New FIO-NAIC Partnership on Data Collection