• Growing Insurance Failures Take Spotlight After Hurricane Helene

  • Oct 5 2024
  • Duración: 7 m
  • Podcast

Growing Insurance Failures Take Spotlight After Hurricane Helene

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  • Resumen

  • Hurricane Helene is a major disaster that highlights the growing economic risks associated with climate change. While the financial impact of the hurricane is significant, with estimates reaching over $100 billion with long-term implications for communities, businesses, and individuals. Climate change will increasingly lead to "known unknowns" - events that we know will happen but cannot predict their exact timing or location. Adaptation, investing in preventative measures, and the need for governments and companies to take proactive steps to mitigate the financial and social consequences of these events is vital to move forward.

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