The role of catastrophe bonds in paying to rebuild after fires and other disasters
by Amy Scott
Alexi Rosenfeld/Getty Images
Catastrophe bonds play an important role in keeping the insurance market functioning at a time when it’s getting harder for homeowners to get affordable coverage. But what happens catastrophe actually strikes?
Unhoused Angelenos face limited support amid LA fires
by Sabri Ben-Achour and Erika Soderstrom
Mario Tama/Getty Images
“Twin challenges” arise as Los Angeles continues to face massive wildfire destruction in a tight housing market.