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About the Kenan Institute

The Frank Hawkins Kenan Institute of Private Enterprise develops and promotes innovative, market-based solutions to vital economic issues. With the belief that private enterprise is the cornerstone of a prosperous and free society, the institute fosters the entrepreneurial spirit to stimulate economic prosperity and improve the lives of people in North Carolina, across the country and around the world.

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The Home Insurance Crisis Comes to North Carolina: Rising Costs, Heightened Risk and a Changing Climate

Jan 15, 2025 • Kenan Insight

The destruction that Hurricane Helene brought to Western North Carolina in September, followed by this month's wildfires in Southern California, illustrates the financial risk that increasingly unpredictable weather can pose to homeowners and the insurance system.

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