Insurance in the Era of Climate Change

This chapter explores the role of 'insurers of last resort' in states like California and Texas, particularly in the context of natural disasters and climate change. It discusses the financial and political implications of increased reliance on government-backed insurance programs, the challenge of balancing affordability for vulnerable communities, and the necessity for innovative solutions to climate risks. The conversation also emphasizes the importance of community resilience in insurance assessments and the potential consequences of ignoring climate dangers.