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Tom Doe on Extreme Weather’s Impact on the Municipal Bond Market
November 29, 2024 · 40 min
The rising frequency of extreme weather events has put elevated pressure on municipal budgets to pay for relief efforts and prepare for future disasters. Public costs have also increased because the areas seeing the highest population growth can be the most vulnerable to such events. In this episode, we talk with Tom Doe, CEO and Founder of Municipal Market Analytics, about the scope of extreme weather events, how municipal governments complement federal assistance to manage the costs, and how these events are impacting the insurance industry and municipal bond market.