Insurers Should Prepare For 'Black Swan' Climate Disasters

By Stephen Brown and Irena Maier (October 31, 2023, 8:10 AM EDT) -- On Aug. 30, Hurricane Idalia made landfall in Florida, battering neighborhoods in the Big Bend region. As the hurricane unleashed winds of 125 miles per hour and record-breaking levels of storm surge, property losses in the state were estimated at $9.36 billion....

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