CNN’s Climate Con Exposed: Real Estate, Not Storms, Fuels Skyrocketing Insurance Costs

CNN’s Climate Con Exposed: Real Estate, Not Storms, Fuels Skyrocketing Insurance Costs

Wrongly scapegoating non-existent “climate risk” allows adjusters, insurers, and lenders justify higher premiums, interest rates, and stricter credit standards while diverting attention from the actual causes of rising mortgage costs and insurance rates and claims. And, by failing to scrutinize FirstStreet’s “Climate the Sixth C of Credit” report, Freedman and CNN are acting more like press agents for the climate-industrial complex than journali…

CNN’s Climate Con: How Real Estate, Not Storms, Drives Insurance Costs - ClimateRealism

In a recent article, titled “Why climate risk could affect your credit score for buying a home,” CNN’s Andrew Freedman describes a new report by FirstStreet that claims to show how “climate risk” could impact credit scores and mortgage lending due to an alleged increase in the frequency and severity of weather-driven mortgage foreclosures. This narrative is highly misleading, if not outright false. The claim that climate risk is a new and emergi…

CNN’s Climate Con: How Real Estate And Urban Growth, Not Storms, Jack Up Insurance Rates – altnews.org

CNN pushes climate risk as the cause of rising insurance rates, but data point to growth, population density, and property values—not worsening storms.

CNN's Climate Con: How Real Estate And Urban Growth, Not Storms, Jack Up Insurance Rates

CNN pushes climate risk as the cause of rising insurance rates, but data point to growth, population density, and property values—not worsening storms.