The Insurance Industry and the Californi...

Philip Nichols, Wharton Professor of Legal Studies, Business Ethics, and Social Responsibility in Business, discusses how growing executive authority and government involvement in companies like Intel reflect a historic transformation in the U.S. business landscape—one that leave ... Show More

Burcu Esmer, Senior Lecturer in Finance at the Wharton School and Co-Director of the Harris Family Alternative Investment Program, joins to discuss Electronic Arts’ proposed $55 billion acquisition involving Silver Lake, Affinity Partners, and the Saudi Public Investment Fund—exp ... Show More

David Zaring, Wharton Professor of Legal Studies and Business Ethics, explores the legal complexities, historical precedents, and potential reforms shaping the Federal Reserve’s independence as tensions grow between central bank autonomy and presidential authority. Hosted on Acas ... Show More

In recent years, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ’s Jean Eaglesham ex ... Show More

Thousands of homes burned to the ground in the recent wildfires in Los Angeles which will likely become the most expensive natural disaster in US history.Many victims did not have insurance, because they couldn’t afford California’s increasingly expensive policies or because they ... Show More

Natural disasters are becoming more severe and costly—who should bear the financial burden? We explore the tension between socialized risk and market-based insurance.Topics covered include:The surprisingly large percentage of natural disaster losses that are uninsuredWhy natural ... Show More

In January, communities in Los Angeles were devastated by wildfires, permanently displacing thousands and destroying property and lives. Prior to the fires, thousands of L.A. residents in fire-prone areas were dropped from their insurance, leaving them with no protection or safet ... Show More

Bonus Episode for Feb. 7. California’s wildfires caused an estimated $30 billion or more in losses to insurers. The state’s insurance landscape is in a state of chaos , but the broader industry is faring better. Telis Demos, co-host of WSJ’s Take On the Week and a writer for Hear ... Show More

By now, most Californians are aware that animals – pets and wildlife – are also suffering because of the fires raging in Los Angeles County. Whenever a natural disaster strikes, animal rescue operations have to kick into high gear. Reporter: Rachael Myrow, KQED California’s insur ... Show More

We hear from businesses in California, Fiji and the UK that have been hit hard by natural disasters like floods, wildfires and extreme storms - followed by rising insurance premiums - or companies refusing to insure them at all. An alternative type of cover, parametric insurance, ... Show More

This week on No Priors, Sarah and Elad sit down with Bill Clerico, founder of Convective Capital, an early stage venture fund focused on technology-driven solutions for wildfire mitigation and climate resilience. The wildfires in Los Angeles have caused unprecedented property dam ... Show More