Think Tank Makes Case for Federal Disaster Reinsurance as Property Market Strains Mount
A new report makes the case for federal disaster reinsurance to stabilize volatile property insurance markets.
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Ackman Pivots From Building to Buying an Insurer
The hedge fund manager is targeting $1B to $3B insurance deals.
Markets
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Wildfire Risk May Fuel "Viscous Cycle" In Municipal Bond Market
Investors are beginning to demand higher yields from U.S. municipalities exposed to climate-driven wildfire risk, signaling a critical shift in how the bond market prices environmental vulnerability.
