How the Climate Crisis Became an Insurance Crisis NYT | Top Stories Christopher Flavelle 20 December 2024 at 03:42 Even in formerly low-risk areas, home insurers are raising premiums and ending coverage. The upheaval could push down home values and reverberate through the economy. © Paul Ratje for The New York TimesHomes on the outskirts of Silver City, N.M., an area of unusually high insurance denial rates because of wildfire risk.