Events: Caroline Nagy Spoke on Rising Insurance Costs for Affordable Housing at the New York Housing Conference

On December 6, 2023, Senior Policy Counsel Caroline Nagy spoke on a panel about rising insurance costs for affordable housing at the New York Housing Conference. Panelists discussed how the limited availability and increasing prices for property and casualty insurance is making it increasingly difficult to build or operate affordable housing in New York.

Caroline discussed how climate change has disrupted the property insurance market worldwide and potential policy solutions, including increased oversight of insurers and developing a national property reinsurance program. Caroline was joined by James Buckley, of the University Neighborhood Housing Program, Brendan Cheney of the New York Housing Conference, John Crotty of the Workforce Housing Group, and Jason C. Schiciano of Levitt-Fuirst Associates.