Lilith Fellowes-Granda

3 weeks ago | americanprogress.org | Lilith Fellowes-Granda |Alexandra Thornton

Issues [1] Introduction and summary Over the past year, the United States has experienced a series of destructive natural catastrophes. For example, 2025 began with weekslong wildfires affecting Los Angeles and its surrounding areas, taking the lives of 29 people; burning more than 58,000 acres of land; destroying 16,000 homes, businesses, and other structures;1 and displacing more than 100,000 residents.2 In September 2024, Hurricane Helene demolished the American Southeast,3 with...

1 month ago | americanprogress.org | Lilith Fellowes-Granda |Alexandra Thornton

Issues [1] Center for American Progress The Trump Administration Is Hurting Consumers’ Wallets by Kneecapping the CFPB Share Most Americans can’t afford to lose money to corporations that cheat them or to banks and credit card companies that charge excessive fees, and they need somewhere to turn for help. They may not realize that the fine print on their car loan says the company can repossess the car after one missed payment or that a term buried several pages into their family’s home...

Jun 13, 2024 | americanprogress.org | Lilith Fellowes-Granda

In the majority of states where the insurance commissioners have agreed to participate, the NAIC will collect ZIP code-level data from large homeowner insurers from 2018 to 2022. The NAIC estimates the data will capture about 80 percent of this market. The data call asked insurers to report the costs of premiums and losses. They will also provide data on deductibles and information on policy discounts for customers who make home upgrades to protect against damages from natural hazards.

Apr 9, 2024 | americanprogress.org | Lilith Fellowes-Granda

Issues [1] Credit card companies, banks, and other financial services providers charge a wide range of fees.1 In some instances, these fees may be “junk fees”­­—excessive or undisclosed fees that mask the true price of a financial product and catch customers by surprise. Junk fees can add up quickly for households, making it more difficult to pay bills and save for the future.2 Yet while junk fees amplify financial disparities for vulnerable consumers, they have become attractive revenue...

Mar 13, 2024 | americanprogress.org | Lilith Fellowes-Granda

State insurance regulators, as well as federal bodies such as the FIO and the FSOC, must urgently adopt a holistic and forward-looking approach to addressing climate-related financial risk in insurance markets in order to avoid future economic crises. As these agencies consider improvements in their supervision of the industry, they should be guided by the four principles detailed below.