CLIMATE IMPACTS
Weathering the Storm: Climate Change Can Impact N.J. Insurers, Customers in Many Ways – Even If It Impacts Other States
BRETT JOHNSON / ROI NJ – As environmental experts warn of the potential devastation of climate change, Hurricane Ida, New Jersey’s second-deadliest storm on record, brought that close to home.
But, if you judge by Jerseyans’ insurance bills, that effect was already there.
Insurance professional Peter M. Jeffery said catastrophic weather events, even those on the other side of the country, create a domino effect that leads back to New Jersey’s insurance premiums …