Dr. David Marlett, an insurance expert, says inflation, population migration and severe weather are contributing to higher homeowners insurance rates across North Carolina. Hurricane Helene drove a spike in rates after extensive property damage, including in areas not deemed high risk for storms. Marlett’s research suggests climate change is magnifying these issues and that even mid-sized storms are now causing more damage and flooding than in the past.
Marlett joined App State’s faculty in 2003 and has taught courses in risk management and insurance for more than 25 years. He is the IIANC Distinguished Professor of Insurance in the university’s Department of Finance, Banking and Insurance, and managing director of the Brantley Risk and Insurance Center. He has received several awards at App State, including the Walker College of Business Sywassink Awards for Excellence in Service and Teaching and the Inspiring International Leaders Award.
Outside of App State, Marlett serves on the board of directors for the Invest Program, which educates high school and community college students on insurance, financial services and risk management topics. He is also a frequent media contributor who has been interviewed and quoted by outlets including The New York Times, CNN and NPR.
Dr. Marlett is available to speak with news media or community groups. Contact him here.