If you think disaster insurance is pricey in the States, take a look at Europe
Update: 2024-12-19
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From the BBC World Service: A new report from the European Central Bank and the European Union’s insurance regulator calls for a big shake-up in Europe’s climate insurance system. It’s planning for a new EU-wide insurance plan that would help protect businesses and homeowners from extreme weather and uses reinsurance, which pools risks, to make sure people are actually covered. Also: Concert merch, once a reliable profit source for performers, is becoming squeezed.
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