Mmastodon EnvironmentClimate first seen 14 h ago, last 11 h ago, peak #3

Florida sues climate risk firm First Street over home risk scores

Original: Florida sues climate analytics company First Street over home risk scores Florida is suing the climate analytics firm Fi

The state of Florida has filed a lawsuit against First Street Technology Inc., the climate analytics firm known for its address-level modeling of flood and other climate-related risks to homes. The suit centers on the company's home risk scores. Critics have long accused such models of depressing property values and insurance markets, while supporters argue they give buyers essential climate risk information.

Why now: The lawsuit raises a live national debate over how climate risk data affects property values and insurance.

FloridaFirst Street Technology Inc.

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• Florida sues climate analytics company First Street over home risk scores Florida is suing the climate analytics firm First Street Technology Inc., which has pioneered down-to-the-address risk modeling for flooding and other climate-change-related risks. 🔗 https://www.… · news@na.social · 1

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