Andy Davidson quoted in Forbes article titled "Rising Home Insurance Costs Push Housing Finance To A Breaking Point"
As housing faces more climate threats that result in more losses, the insurance program that it sits on is teetering on the brink of collapse. Yet, the home insurance market has three distinct stakeholders that have competing priorities, and today, there is no motivation for a collaborative solution.
Understanding how to strengthen and protect the current structure requires looking at the cost burdens along with the risk for each of those parties.
During the The Extreme Climate, Housing and Finance Leadership Summit hosted by Toni Moss and Americatalyst, Andy Davidson, the founder and CEO at Andrew Davidson & Co. shared his analysis of this critical situation.
Andrew Davidson was quoted in a National Mortgage News article titled "Pressure to create climate change risk models in mortgage mounts."
Andrew Davidson was quoted in a National Mortgage News article titled "Hurricane Ida winds may’ve damaged two-thirds as many homes as Katrina."
The National Association of Realtors (NAR) cites AD&Co in their letter to the U.S. Department of Treasury and FHFA
Andrew Davidson was quoted in a Wall Street Journal article titled "Fannie, Freddie Capital Increase Is Endorsed by Risk Panel."