Disasters are affecting more people and property than ever before. Since 1980, the U.S. has experienced 400+ weather-related "billion dollar" disasters, $3 trillion in economic impacts, and thousands of lives and livelihoods. In the effort to build our disaster resilience as a society, what's the role of insurance?
In this episode, our hosts are joined by Carolyn Kousky, Insurance for Good, and Marc Ragin, University of Georgia Terry College of Business. This month's guests discuss a question at the heart of disaster insurance: what's the best way to incentivize risk reduction for both insurance companies and customers?
If you're curious about how disaster insurance works, options for making insurance better suited for new risks, or why premiums are getting so darn high, this is the episode for you.

Marc's Haiku:
High insurance rates
We need collective action
Take your vitamins
Carolyn's Haiku, written by Matsuo Bashō (translated from Japanese):
As they begin to rise again
Chrysanthemums faintly smell
after the flooding rain
Learn more about UGA and Duke's CIRCAD partnership: https://circad.org/

Carolyn's book: https://islandpress.org/books/understanding-disaster-insurance#desc

Carolyn's nonprofit, Insurance for Good: https://www.insuranceforgood.org/