Economic Architecture The Podcast

When a storm hits, insurers pay out. When they don’t invest in preventing that damage, they pay out even more, year after year. What if an insurer could flip that equation — spending money before a storm to prevent damage, and benefit both financially and help improve resilience?

In this week’s episode of The Economic Architecture podcast, Stuart Yasgur and Don Horstein, a law professor at the University of North Carolina and a political appointee to the state’s insurer of last resort, discuss how resilience can pay for itself, the catastrophe (or cat bond) that shares savings with investors if extreme weather creates damage, and how more simply—we can make investing in resilience a good deal.