Nate and Maria discuss the California wildfires. How do incentives in insurance markets drive decisions by homeowners – and by insurers? What’s the best way to make rational decisions about the disaster risks we all face?

And they discuss a question from listener JM who asks what happens when the River and the Village mix it up in Washington?

Further Reading:

Colm Toíbin on the loss of Gary Indiana’s personal library in the Palisades fire

An overview of California’s insurance issues from the WSJ

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