In recent years, hundreds of thousands of people in high-risk disaster areas across the US have been dropped from their insurance policies, leaving them both physically and financially vulnerable. At the same time, premiums have sky-rocketed, making insuring homes and businesses out of reach for many. And federal insurance and relief programs have come under scrutiny for payouts that contribute to inequality.   The insurance industry wasn’t set up to account for climate change, which is increasing the frequency, scale and severity of disaster claims. From Hurricane Ian flooding communities across the coast of Florida to fires in the Pacific Northwest, and further storm damage from Puerto Rico to Nova Scotia, we’ve seen frequent and fierce weather take lives and devastate communities. As more people and property face loss due to extreme weather events, who will pay to protect and rebuild communities? And what policies are being constructed to help the insurance industry stay afloat?  Guests: Junia Howell, Urban Sociologist, University of Illinois Chicago Simon Young, Senior Director, Climate and Resilience Hub, Willis Towers Watson Carolyn Kousky, Associate Vice President for Economics and Policy, Environmental Defense Fund; author of Understanding Disaster Insurance: New Tools for a More Resilient Future Umair Irfan, Climate and Covid Reporter, VOX Eric Letvin, Deputy Assistant Administrator for Mitigation, FEMA For show notes and related links, visit ClimateOne.org Learn more about your ad choices. Visit megaphone.fm/adchoices