Insurance

Tell the Federal Insurance Office: Time for data transparency

Climate disasters are destroying people’s homes – but rather than protect policyholders, big insurance companies are withdrawing coverage and raising rates, all while raking in huge profits.

Throughout the United States, fires, floods, and extreme weather driven by climate change are destroying people’s homes. Rather than rising to the occasion, insurance companies are withdrawing coverage and doubling, tripling, and quadrupling rates while raking in huge profits.

The Federal Insurance Office has data that would expose how insurance companies are raising rates, limiting coverage, and denying claims due to climate change.

We need to take this information out from behind closed doors. People need data to make informed decisions. We need it to hold insurance companies accountable, and — most importantly — to propose solutions to our climate-driven property insurance crisis.

Add your name to tell the Federal Insurance Office to make data on insurance premiums and claims publicly available.

Sign the Petition

By taking this action, you'll be signed up for Green America's action alerts, updates, and green living tips. You can unsubscribe at any time.

Stop the Insurance Crisis: Publish Data to Protect Homes

To:  
Steven E. Seitz  
Director  
Federal Insurance Office 

 

Dear Director Seitz, 

We, the undersigned individuals from across the United States, urge you to swiftly publish data and analysis from the property and casualty market intelligence data call on the impact of climate change on insurance affordability.  

People’s homes are being threatened or destroyed by more frequent and severe climate disasters, while their finances are driven to the breaking point by insurance premium increases. The public deserves data to make informed decisions about their homes.  

The insurance crisis is quickly spreading throughout the country, even to homes that are nowhere near the coast. Low-income communities and communities of color are disproportionately exposed to wildfires and floods, putting them at high risk from insurance hikes and withdrawals.  

While the Federal Insurance Office (FIO) and the National Association of Insurance Commissioners have taken an important step by collecting data, we need public data and analysis to understand the scale of the crisis and to mitigate risks to our homes and the economy.  

The insurance industry is incredibly opaque. We deserve a look behind the curtain into an industry entrusted to safeguard our security, which has too often chosen to put profits over people. 

Share This Petition