While the insurance industry tries to manage exploding costs from increasingly frequent extreme weather events, they once again overlook the elephant in the room.
Many are still underwriting the very fossil fuel projects that are driving this crisis.
www.ft.com/video/b3e449...
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The frequency of natural disasters is climbing, along with the repair bills that come with them. The FT’s Lee Harris looks at the impact that’s having on insurance premiums, the risk that entire areas...