2min chapter

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Should The Government Pay for Your Bad Climate Decisions?

The Daily

CHAPTER

The Government's Incentives for Insurance Markets

Sometimes the perverse incentive from the government is that insurers see the risks of people living in certain areas, and they just won't insure them anymore. The report envisions rethinking how insurance works so that it's not the government stepping in with a big check at the end but that actually we're spreading the costs over an efficient market over time.

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