I’ve written about climate change and real estate markets quite a lot. I know the real estate side of this world very well. I tangentially know the homeowners insurance world, and read a lot about it. So I asked an old friend and insurance agent, David Jenkins with State Farm for his insight.
We’ve been thinking and talking about the real estate lawsuits for years. The first of many have now concluded, and real estate commissions are changing. How? We don’t yet know. Ramifications? Still unknown.