Homeowner's insurance in states affected by climate change is becoming increasingly unaffordable. Many residents in Florida, for example, are simply "self-insuring" — meaning they don't pay for an insurance policy, they just put aside some cash and hope for the best. So is New Jersey going the way of Florida? Possibly. In this edition of NJBIZ Conversations, Bill Martin, the president and CEO of Plymouth Rock Assurance, discusses the factors that caused the crises in other states, what might be in store for New Jersey, and what homeowners and businesses can do to keep insurance premiums under control.
Chris Maher: Ocean First Bank & New Jersey Bankers Association
Max Gomez: Amp’d Fitness
Jason Dukes: Captain’s Chair Coaching
Chris Butler: National Tree
Greg Lalevee: International Union of Operating Engineers Local 825
Joseph Yewaisis: CEO of Union County Savings Bank
Natasha Mohan: WorkSocial
Laurie Wiegand-Jackson: Utility Advantage
Michele Ford: Inroads to Opportunities
Mike Taylor: Owner of Combined Energy Services
Scott Kobler: McCarter & English partner
Leslie Hirsch: President and CEO of Saint Peter’s Health System
Frank Brusco: Restaurant owner
Dan Davis: Co-creator of 420Expo
Melanie Willoughby and Gregory Larkin: New Jersey Business Action Center
Debbie Hart: BioNJ founding CEO
Christopher Porrino: Former state attorney general and current partner at Lowenstein Sandler
Carrie Ditzel: Clinical psychologist with Baker Street Behavioral Health
Scott Morris: Freshpet co-founder, president and COO
Erin Mills: Founder and CEO of Strat House
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