
Fires and Floods with Firas Saleh
Moody's Talks - Inside Economics
Insurance Challenges Amid Climate Change
This chapter explores the growing challenges faced by the insurance industry due to the increasing frequency and severity of natural disasters like wildfires and hurricanes. It discusses the financial impact of these disasters, highlighting significant insured losses and the regulatory constraints faced by insurers in adjusting premiums. The conversation also delves into the relationship between climate change and insurance risk, examining government-backed insurance plans as potential solutions for affected homeowners.
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