Louisiana’s property insurance market is in crisis due to escalating climate risks. Hurricanes Laura, Delta, Ida, and Zeta have led to the insolvency of a dozen insurers, leaving residents struggling to find affordable insurance. The increasing frequency and intensity of storms, coupled with sea-level rise and land loss, exacerbate the problem.

To stabilize the market, Louisiana must focus on reducing climate risks. This involves strengthening building codes, promoting fortified building standards, and investing in nature-based solutions. Effective land use planning and communication of risks are also crucial for creating insurable communities.

Climate change disproportionately impacts marginalized communities, exacerbating existing inequalities. These communities often face greater vulnerability to climate risks and have fewer resources to recover from disasters, highlighting the need for equitable climate action now.