Hurricane Katrina

Don't expect the insurance industry to protect you from climate change

Don't expect the insurance industry to protect you from climate change

Banks and insurance experts are reporting that, with 2 ½ months to go, the 2017 Atlantic hurricane season is already one of the most expensive to date for the insurance industry.

Here’s the weird part: Insurance companies are quietly happy about this. About the time that Hurricane Irma was making landfall in Florida, the chief executive of Lloyd’s of London, Inga Beale, told the Times of London that the recent spate...

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