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PBS NewsHour  Climate Change Causes Insurers to Rethink Price of Risk

Climate Change Causes Insurers to Rethink Price of Risk After Hurricane Sandy Details

 

Program: PBS NewsHour

Episode: Climate Change Causes Insurers to Rethink Price of Risk

The insurance industry looks at historical data, old and new, in order to assess the risk for potential disasters and put a price on premiums. But when Sandy hit the Northeast, some insurance companies reconsidered if they priced insurance high enough for the greater risks brought on by climate change. Paul Solman reports.

Duration: (8:02)
Premiere Date: 11/21/2012
Episode Expires: Never
TV Rating: E


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