In Focus
A woman checks on flood damage in Conway, South Carolina, USA almost two weeks after Hurricane Florence hit, on Sept. 26, 2018. Thomson Reuters Foundation/Julie Dermansky

End of insurance?

Updated: May 31, 2023

As climate change fuels growing losses from disasters such as wildfires, floods and storms in the United States, access to insurance protection against those threats is becoming increasingly unaffordable – and in some cases unavailable. That is leaving many more families, organizations and governments facing growing financial risk – but it also driving innovation in reducing risks, from raising homes to making homes more fire-proof.