California's Wildfire Fund Was Mispriced And Now It's Shopping for a Replacement
The state's energy industry is searching for a new financial backstop to absorb wildfire losses that have already outrun every model built to contain them.
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The Wealthiest Americans Now Carry the Most Flood Exposure. Models Don't Reflect That.
New Census Bureau research confirms what private flood insurers have been betting on: flood exposure is concentrating among the wealthiest Americans, and the market is moving to follow it.
