Insurance in a Climate Changed World

Simmer Down · Nov 2, 2023 · 1h 17m · transcript

Insurance rates are rising, coverage is disappearing, and fingers are pointing in all directions. Yes, humans are moving to areas more vulnerable to natural disasters. Yes, inflation is raising the costs of reconstruction. But the most concerning reason insurance is getting so expensive and elusive is that the industry is finally factoring in the real risks of our changing climate.Extreme rains, windstorms, hail, more powerful hurricanes, wildfires, heat, and accelerating sea level rise – disasters that insurance companies link to climate change – are more frequent and ferocious than they…