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Carly Fabian

@carlyfabian.bsky.social
374 followers 99 following 32 posts

Climate & insurance policy @Public_Citizen.

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Reposted by Carly Fabian
Moira Birss @moira.bsky.social · 19/08/2025
New research from @cplusc.bsky.social & @consumerfed.bsky.social shows that average across the US it is MORE EXPENSIVE to have a poor credit score than to live in a zip code with a high disaster risk: climatecommunityinstitute.substack.com/p/insurers-c...
climatecommunityinstitute.substack.com
Insurers Charge Low Credit Homeowners Twice As Much for the Same Policy
In many cases, a low credit score is more expensive than high disaster risk
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Carly Fabian @carlyfabian.bsky.social · 08/09/2025
Glad to share a new Public Citizen piece on Minnesota's insurance crisis. Authored by one of our climate & insurance interns, it proposes reforms for a new state task force and features maps from @kennystancil.bsky.social Article: www.citizen.org/article/clim... datawrapper.dwcdn.net/LkvOl/3/
datawrapper.dwcdn.net
Change in Average Home Insurance Premiums - Minnesota ZIP Codes, 2018-2022
This map shows how average premiums changed across Minnesota between 2018 and 2022. Hover over a ZIP code for details. Click the buttons below to see maps depicting average premiums in 2018 and 2022....
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Carly Fabian @carlyfabian.bsky.social · 08/09/2025
Interested in investigative research and the impact of climate change on insurance? Come work with me at Public Citizen! We're hiring a Research Director position, a position ideal for former reporters publiccitizen.applytojob.com/apply/R9dmHL...
publiccitizen.applytojob.com
Research Director - Climate - Public Citizen - Career Page
Research director
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Carly Fabian @carlyfabian.bsky.social · 11/08/2025
"The climate crisis is spiraling out of control and taking our home insurance with it....Where are the regulators?"
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Carly Fabian @carlyfabian.bsky.social · 15/07/2025
Great clip of @kennystancil.bsky.social explaining how, despite the growing cost of climate change, insurers are making record profits
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Carly Fabian @carlyfabian.bsky.social · 23/06/2025
Proud to share a new piece with @kennystancil.bsky.social on the need for federal data on climate costs. We compare the public officials urging DOGE to cut it with the insurance crises unfolding in their states www.citizen.org/article/atta...
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Carly Fabian @carlyfabian.bsky.social · 05/05/2025
Looking forward to this @ThirdActOrg talk with NY Lt. Gov. Delgado and Bill McKibben on energy affordability thirdact.org/nyc/events/lt-gov-delgado-bill-mckibben-in-conversation-30-minutes/
thirdact.org
Lt. Gov. Delgado & Bill McKibben in conversation (30 minutes)
We New Yorkers have had enough of being told what CAN’T be done to rapidly advance our transition to renewable energy generation. We New Yorkers are annoyed by misinformation and...
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Carly Fabian @carlyfabian.bsky.social · 24/04/2025
Looking to see how the home insurance crisis is affecting your area? Check out these new interactive maps we released, with incredible work from @kennystancil.bsky.social
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Carly Fabian @carlyfabian.bsky.social · 27/03/2025
With wildfires raging and insurance markets melting across the country, state regulators should be focused on doing their jobs, not trying to prevent the federal government from conducting surveys and generating solutions. www.theinsurer.com/ti/news/naic...
theinsurer.com
NAIC calls for scrapping of FIO among 2025 federal priorities
The National Association of Insurance Commissioners has outlined its 2025 federal legislative and regulatory priorities, including a push to eliminate the Federal Insurance Office.
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Carly Fabian @carlyfabian.bsky.social · 25/03/2025
Seems like it should be harder to claim you're a "force for stability" when you're dropping homes all over the country... www.lohud.com/story/opinio...
lohud.com
New York’s insurance carriers provide stability in an unstable world | Opinion
In a world marked by uncertainty, New York's insurance industry remains a steadfast force for stability.
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Reposted by Carly Fabian
Rick Claypool @rickclaypool.bsky.social · 04/03/2025
Brace yourself for the corporate crime spree
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Carly Fabian @carlyfabian.bsky.social · 04/03/2025
Great blog. Crazy that insurance companies still get to do this
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Carly Fabian @carlyfabian.bsky.social · 03/03/2025
devastating for our ability to respond to the home insurance crisis www.theverge.com/news/622990/...
theverge.com
The US faces ‘devastating’ losses for weather forecasts, federal workers say
“If these cuts continue, you will feel them personally.”
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Carly Fabian @carlyfabian.bsky.social · 12/02/2025
Attacking the CFPB will make insurance consumers more vulnerable As homeowners lose coverage, banks could “force-place” expensive backup insurance, with little incentive to keep the price reasonable. Without oversight from the CFPB, this could be ripe for abuse. thehill.com/business/513...
thehill.com
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Carly Fabian @carlyfabian.bsky.social · 12/02/2025
Climate risk is financial risk
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Carly Fabian @carlyfabian.bsky.social · 04/02/2025
After two weeks under Trump, the one entity federal entity responsible for monitoring insurance markets appears set to bury its head in the sand on climate change. That’s a recipe for financial disaster.
reuters.com
US Treasury Department withdraws from global regulatory climate change group
The U.S. Treasury Department said on Thursday it was withdrawing from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
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Reposted by Carly Fabian
Daniel Swain @weatherwest.bsky.social · 17/01/2025
Buried, amid the more immediate casualties and clearly visible damage of modern wildfire disasters, are the far more numerous victims of the secondary harms and "chronic emergencies" that subsequently unfold for months and years thereafter.
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Carly Fabian @carlyfabian.bsky.social · 17/01/2025
There's no doubt that insurance premiums will go up as climate costs grow. While insurers will surely find ways to profit, there's a real question about whether vulnerable people can pay higher costs indefinitely. And what happens to the economy if they can't?
alternet.org
Climate-fueled insurance cost hikes putting American dream 'out of reach'
As communities across the Los Angeles area continued to grapple with catastrophic wildfires, the U.S. Treasury Department on Thursday released the most far-reaching report ever on the climate emergenc...
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Carly Fabian @carlyfabian.bsky.social · 14/01/2025
Fascinating new data showing a bipartisan majority prefer a public approach to home insurance
dataforprogress.org
Voters Face Rising Home Insurance Costs and Prefer Resources for Public Over Private Insurance
Fifty-five percent of voters say that their home or rental insurance premiums have gone up in the last five years.
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Carly Fabian @carlyfabian.bsky.social · 14/01/2025
Incredible coverage on a disturbing trend:
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Reposted by Carly Fabian
Dana Nuccitelli @dananuccitelli.bsky.social · 14/01/2025
Thanks to climate change, we're barreling towards an insurance crisis, as I wrote for @climateconnections.bsky.social today. It's not just California and Florida – nobody's insurance rates are safe 🧵(1/13)
yaleclimateconnections.org
Nobody’s insurance rates are safe from climate change » Yale Climate Connections
Even if you haven’t suffered direct damage, you’re paying for increasingly extreme weather.
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Carly Fabian @carlyfabian.bsky.social · 10/01/2025
The insurance crisis is an "everything" problem. We need a whole spectrum of solutions. This is why we're organizing with groups across the country to discuss solutions that put the public first shelterforce.org/2024/10/25/h...
shelterforce.org
How Can We Reform Property Insurance to Adapt to Climate Change?
Climate change is fueling more frequent and extreme disasters. Insurers are responding by dropping communities and raising premiums.
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Carly Fabian @carlyfabian.bsky.social · 10/01/2025
Insurance companies have been really good at presenting themselves alternatively as hapless financial victims and omniscient entities whose models cannot be questioned. Both narratives deserve scrutiny. newrepublic.com/article/1900...
newrepublic.com
L.A. Is Burning. Will Insurance Companies Take Advantage?
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing pretty well.
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Carly Fabian @carlyfabian.bsky.social · 01/01/2025
The origin of the FAIR plans is a story of letting companies (1) fuel a problem (2) turn it into a political crisis at a convenient time and (3) dictate a profitable solution with no safeguards. Repeating that pattern is probably not the answer www.theguardian.com/us-news/2024...
theguardian.com
California will require insurers to offer home coverage in wildfire-prone areas
Opponents say rule could hike premiums by 40% and does not require new policies to be written at fast enough pace
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Carly Fabian @carlyfabian.bsky.social · 30/12/2024
An interesting new study with an important finding: climate change can threaten household financial health. For anyone struggling to afford home insurance after a disaster, this likely isn't surprising papers.ssrn.com/sol3/papers....
papers.ssrn.com
Climate Risk, Insurance Premiums, and the Effects on Mortgages
As climate change exacerbates natural disasters, homeowners' insurance premiums are rising dramatically. We examine the impact of premium increases on borrowers
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Carly Fabian @carlyfabian.bsky.social · 13/12/2024
To show they can handle the insurance crisis, states should at least be publishing some simple data. But after several years, their latest statement…states nothing at all. What’s taking so long?
content.naic.org
State Insurance Regulators Monitor the Home Insurance Market to Protect Consumers
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Carly Fabian @carlyfabian.bsky.social · 06/12/2024
Interesting visualization of the impact of climate change on insurance premiums It's weird that we have to get this through mortgage data though in the absence of a national public data source on home insurance www.theguardian.com/environment/...
theguardian.com
How climate risks are driving up insurance premiums around the US – visualized
‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say
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Carly Fabian @carlyfabian.bsky.social · 02/12/2024
I recently spoke with Inside Climate News about a positive role insurers could play in climate change: shifting investments from oil and gas to clean energy and communities. A new bill in New York would require them to do just that insideclimatenews.org/news/3011202...
insideclimatenews.org
To End the Fossil Fuel Era, Activists in London Target the Insurance Industry - Inside Climate News
Warning of coming floods, famine and riots, campaigners call on insurance companies to “Insure Our Survival” and stop enabling new oil, gas and coal development, joining a global movement.
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Carly Fabian @carlyfabian.bsky.social · 28/10/2024
Climate change is creating an insurance crisis. In a new piece with @carolinenagy.bsky.social we describe why we're forming the new Equitable and Just Insurance Initiative to advocate reforms shelterforce.org/2024/10/25/h...
shelterforce.org
How Can We Reform Property Insurance to Adapt to Climate Change?
Climate change is fueling more frequent and extreme disasters. Insurers are responding by dropping communities and raising premiums.
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