The devastating wildfires in LA are a sombre warning about the protection gap for Californians, where losses far exceed expected insurance payments. Without insurance, homeowners and governments will foot most of the bill, delaying recovery, driving inequity and exacerbating post-disaster hardship. Professor Paula Jarzabkowski talks to different news outlets in Australia including ABC News about the implications for the USA and for insurance markets around the world.
Parametrics are useful but no ‘silver bullet’ for rising homeowner premiums
