A New Housing Crisis Is Brewing In Places Prone to Climate Disasters
Big Take5 Mar 2024

A New Housing Crisis Is Brewing In Places Prone to Climate Disasters

As climate risks grow, some private home insurance providers are retreating from US regions most vulnerable to catastrophe. And homeowners who can’t get coverage through the private market are increasingly turning to insurance “plans of last resort,” created by states.

The amount of liability taken on by these types of insurance plans is staggering, and growing: by some estimates, they’re holding more than $1 trillion of risk.

On today’s Big Take podcast, climate reporter Leslie Kaufman and California reporter Nadia Lopez share an investigation into how skyrocketing enrollment in state-created plans could create the conditions for a financial crisis.

See omnystudio.com/listener for privacy information.

Episoder(882)

War in Iran Is Exposing Oil Risks Across Asia

War in Iran Is Exposing Oil Risks Across Asia

The war in the Middle East is rattling global oil markets, raising the risk of supply disruptions and price shocks for energy‑hungry Asian economies. On today’s Big Take Asia podcast, host K. Oanh Ha ...

5 Mar 17min

Former Secretary of State on the Two Keys to Ending War in Iran

Former Secretary of State on the Two Keys to Ending War in Iran

How long will hostilities in Iran last? Former Secretary of State Antony Blinken says it will likely depend on “markets and munitions.” In an interview with the Big Take podcast, Blinken and host Davi...

4 Mar 37min

The White House’s Shifting Explanations for the Iran War

The White House’s Shifting Explanations for the Iran War

As the war with Iran widens in the Middle East, legislators on both sides of the aisle have expressed frustration with a lack of advance notice of the strikes and the inconsistencies in the administra...

3 Mar 16min

After Months of Succession Planning, Who’s Leading Iran?

After Months of Succession Planning, Who’s Leading Iran?

The US and Israel’s attacks on Iran have entered their third day — and President Donald Trump said Monday that the US military operation could continue for weeks, or more. On today’s Big Take podcast,...

2 Mar 14min

The Escalating Conflict With Iran

The Escalating Conflict With Iran

Targets in Iran, Israel and in the Middle East are under attack in an unprecedented escalation in the conflict between the US and Iran. The combat operations come after weeks of negotiations between t...

1 Mar 15min

Former Goldman Sachs CEO Lloyd Blankfein Says the Market Is Due For a Reckoning

Former Goldman Sachs CEO Lloyd Blankfein Says the Market Is Due For a Reckoning

After steering one of Wall Street’s iconic investment banks through the financial crisis, former Goldman Sachs CEO Lloyd Blankfein is investing his own money and, with the publication of a new memoir,...

1 Mar 36min

Special Report: US and Israel Strike Iran

Special Report: US and Israel Strike Iran

President Donald Trump says the US has begun major combat operations against Iran. Airstrikes have been carried out by Israel and the US, with multiple provinces hit. Iran in turn has fired back at Is...

28 Feb 11min

The Sixth Bureau Episode 4: The Duck Analogy

The Sixth Bureau Episode 4: The Duck Analogy

In Episode 4 of The Sixth Bureau, a series from The Big Take, we follow a spy from China’s Ministry of State Security as he tries to plan a delicate overseas meeting with a valuable source. But the pe...

27 Feb 33min

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