Insurance, climate and collateral risk
The mortgage system depends on collateral that can be valued, insured, financed, and sold. Climate risk is putting pressure on that assumption. Flood, wildfire, storm, heat, infrastructure failure, and insurance availability are becoming more important to property values and mortgage risk.
This panel examines how lenders, insurers, investors, and regulators should think about collateral when insurance becomes more expensive, less available, or more restrictive. Speakers will discuss property-level climate data, insurance gaps, appraisal risk, geographic concentration, borrower disclosure, stress testing, and whether climate risk will change where and how lenders are willing to lend.