Risk Management

How Does Increasing Wildfire Risk Affect Insurance in California?

Affordability and Availability of Wildfire Insurance Are Less Stable Under Changing Conditions

(This post is part of a series on the issue of climate change and insurance that my colleague Ted Lamm and I are writing, inspired by a symposium that the law schools co-organized with the California Department of Insurance earlier this year. You can find more information on the symposium here. Ted’s prior related post …

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Climate Change and the Insurance Sector: An Overview

The Insurance Industry Grapples With Changing Risks in a Changing Climate

(This post is part of a series on the issue of climate change and insurance that my colleague Ted Lamm and I are writing, inspired by a symposium that the law schools co-organized with the California Department of Insurance earlier this year. You can find more information on the symposium here. Ted’s prior related post …

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The Thin Gray Line

Few people understand the role that the bureaucracy plays in keeping us safe.

“Bureaucrat” is just another name for public servant. It has been said that a thin blue line of police protects us from the worst elements of society. But it is a thin gray line of underpaid, overworked, anonymous bureaucrats who protect society against more insidious risks — risks ranging from nuclear contamination to climate change to …

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Scott Gottlieb and the FDA

The FDA nominee compares favorably with some of Trump’s choices. But there are still problems.

There was a time when it might not have seemed particularly noteworthy that a presidential nominee was competent and sane. But we do not live in those times. So it is actually worth taking notice of the fact that Scott Gottlieb, Trump’s nominee to head FDA, is competent and sane. And unlike some other Trump …

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The Ebola Panic

Some politicians encourage panic about a small outbreak in Texas, while thousands in Africa are dying.

The National Lampoon once put out a mock edition of a newspaper from the fictional city of Dacron, Ohio.  There was a screaming headline reading: TWO DACRON WOMEN MISSING.  A much smaller subheading read: Japan destroyed by tidal wave.  We are now seeing something similar in the U.S. reaction to Ebola.  So far, only three cases …

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“No Regrets” Isn’t a Real Climate Policy

Mitt Romney has called for a no-regrets climate policy: “I believe we should pursue what I call a ‘No Regrets’ policy — steps that will lead to lower emissions, but that will benefit America regardless of whether the risks of global warming materialize and regardless of whether other nations take effective action.” This sounds good. …

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Environmental Law and “The Law of the Horse”

“The Law of the Horse” is the title of the (perhaps apocryphal) treatise on the same subject.  The point of the reference is that “there’s no there there,” as Gertrude Stein might have said: the law of the horse would simply be a compendium of contract cases that happened to involve horses, tort cases that …

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