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Podcast: Compliance Clarified – a podcast by Thomson Reuters Regulatory Intelligence
Episode: Season 6, Episode 3: Underwriters of the storm: the insurance industry after Hurricane Ian
Description: This episode examines the impact of Hurricane Ian and, more broadly, climate change, on the insurance industry. The September storm killed at least 119 people and caused at least $50 billion in damage in Florida alone. It may be the state’s costliest storm ever but is only the latest in a series of increasingly severe storms, droughts and wildfires that scientists say are consistent with predicted effects of climate change. Such natural disasters have taxed the insurance industry, and one industry lawyer called Hurricane Ian a “death knell” for property and business interruption insurance in Florida. In this episode of Com...