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Nathan Houdek: “We are seeing more convective storms, we're seeing more…”

Featuring: Nathan Houdek, Wisconsin Commissioner of Insurance

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Wisconsin Insurance Commissioner Nathan Houdek Discusses Market Trends and Challenges at Circa's Reconnect Conference

Published | Video Starts at 00:58

But like a lot of markets across the country, we are seeing challenges. We're seeing more severe weather events. We may not get the hurricanes or the wildfires that other parts of the country get, but We are seeing more convective storms, we're seeing more flooding, and that's presenting a risk for our property and casualty insurers. and obviously puts pressure on affordability and availability of property insurance. Also, as with other jurisdictions, we're seeing consolidation in our health insurance and healthcare market. (00:58–01:07)

CLAIM

Asserts that Wisconsin is experiencing more convective storms and flooding, posing risks to insurers.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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