California’s insurance crisis

From Hollywood adverts fronted by Idris Elba to glittering skylines and global events, Gulf countries have spent decades pitching themselves as stable hubs for international investment. But as conflict spreads across the Middle East, investors are watching the region more closely ...  Show more

In the final episode of our series on the weight-loss drug boom, we explore how the global surge in demand for obesity medications could be reshaping the business landscape. From established companies rethinking their business models, to start-ups seeking to capitalise on shiftin ...  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.

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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

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

In today’s episode on 21st January 2025, we talk about the most expensive climate catastrophe in US history and who might end up paying for it.