Dr. David Marlett, managing director of Appalachian State University’s Brantley Risk & Insurance Center, recently appeared on the podcast EconoFact Chats to discuss the growing challenges facing the insurance industry due to climate change. Hosted by Michael Klein, the conversation highlighted the intricate balance between rising climate-related risks, mitigation, and resilience.
Marlett outlined the rising costs and declining availability of property insurance in disaster-prone areas such as Florida and California and pointed to increasing wildfires, hurricanes, and flooding as primary factors straining insurance companies and policyholders. These risks, he explained, are escalating to levels that traditional insurance models struggle to sustain.
The Brantley Risk & Insurance Center at App State plays a pivotal role in educating future leaders in the insurance industry. Through academic programs, industry partnerships, and research initiatives, the center equips students with the tools to address the evolving risks posed by climate change and other global challenges.
To listen to the full podcast episode, visit https://econofact.org/podcast/home-insurance-in-an-era-of-climate-change.
About the Brantley Risk and Insurance Center
The Brantley Risk and Insurance Center in Appalachian State University's Walker College of Business enhances the academic experience by providing space and staff to assist risk management and insurance majors with networking, job placement preparation and contact with faculty members outside the classroom. It provides students opportunities to participate in professional designation and licensing programs, and invites industry leaders to participate in classes and speak to student organizations. It also fosters research and faculty development, assists the insurance industry in designing and delivering continuing education programs and helps educate the public about the insurance industry. Appalachian is designated a Global Center of Insurance Excellence by the International Insurance Society. Learn more at https://insurance.appstate.edu.
In the News: Brantley Center director discusses insurance challenges in the face of climate change
David Marlett