Nearly 200 science faculty from 26 colleges and universities across Iowa endorsed the 15th annual Iowa Climate Statement, which warns of higher insurance costs due to climate change.
The scientists pointed to data showing the number of inflation-adjusted billion-dollar disasters in the region, including in Iowa, more than doubled in the last four decades.
“Insurance, obviously, is a way that we spread costs of private risks in our society … but with climate change increasing risks from extreme events, that cost will increase for all of us,” Dave Courard-Hauri, professor of environmental science and sustainability at Drake University, said during a news conference Monday…