Home insurance costs soar as climate events surge, Treasury Dept. says
Firefighters battle flames during the Eaton Fire in Pasadena, California, U.S., Jan. 7, 2025.Mario Anzuoni | ReutersClimate-related natural disasters are driving up insurance costs for homeowners in the most-affected regions, according to a Treasury Department report released Thursday.In a voluminous study covering 2018-22 and including some data beyond that,...