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PBS NewsHour

Climate Change Causes Insurers to Rethink Price of Risk

8:02

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.

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PBS NewsHour

State of the Union 2016

PBS NEWSHOUR offers live coverage of President Obama's speech and the Republican response.

0:20

PBS NewsHour

PBS NewsHour Weekend

Premieres Saturday, September 7, 2013 at 6 p.m. ET.

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