Reimagining homeowners insurance amid growing climate risk

A Hamilton Project and Hutchins Center on Fiscal and Monetary Policy event

Wednesday, March 18, 2026, 10:00 a.m. – 12:15 p.m. 

Location: The Brookings Institution, Falk Auditorium, 1775 Massachusetts Ave NW, Washington, D.C. 20036

The U.S. homeowners insurance market is facing mounting strain from climate risk. Extreme weather events such as wildfires and hurricanes are increasing costs and reducing availability, threatening household financial stability, housing markets, and disaster recovery.

On March 18, The Hamilton Project and Hutchins Center on Fiscal and Monetary Policy at Brookings will host an event on homeowners insurance and climate risk. The discussion will offer lessons and policy solutions for insurance and reinsurance in the era of climate change.

The event will feature a fireside chat between Minnesota Commerce Commissioner Grace Arnold and Colorado Insurance Commissioner Michael Conway. It will also include two panel discussions. Panelists include Judson Boomhower (University of California San Diego), Rebecca Diamond (Harvard University), Thomas Holzheu (Swiss Re Institute), Benjamin Keys (University of Pennsylvania), Nellie Liang (Brookings), Adam Solomon (NYU), Michael Wara (Stanford Doerr), David Wessel (Brookings), and Roy Wright (Insurance Institute for Business and Home Safety).

In conjunction with this event, The Hamilton Project will release a proposal for creating a federal reinsurance program to slow the rise in insurance premiums and make the market more stable. 

For updates on the event, viewers can follow @HamiltonProj on Twitter/X or @hamiltonproject.org on Bluesky.