Perfect storm sets up catastrophe bonds for record returns this year as investors price in climate costs

Tech Insider
A fire whirl is seen in the midst of a wildfire, shooting a long strand of fire towards the sky.
A fire whirl shoots into the sky as flames from the Hog fire jump highway 36 about 5 miles from Susanville, California on July 20, 2020

JOSH EDELSON/AFP via Getty Images

Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums

Tech Insider
Rows of suburban homes in Ocala, Florida
Ocala, Florida

Michael Warren/Getty Images

Florida's mega-rich could pay $600K for annual home insurance in elite enclaves as the state is slammed with increasingly severe hurricanes

Tech Insider
A mansion on Star Island
A waterfront home in Miami Beach's Star Island.

Jeff Greenberg/Universal Images Group via Getty Images

DeSantis' immigration crackdown is scaring away some undocumented migrants who normally help the state with hurricane cleanup

Tech Insider : Politics
image of men cleaning up debris in house
Many of the workers that help Florida residents rebuild are undocumented.

EVA MARIE UZCATEGUI /Getty Images

As Hawaii mourns its dead, 'disaster vultures' are swooping in to make a quick buck

Tech Insider : Economy, Politics
A house on fire being circled by vultures while money falls from the sky
Disaster vultures are investors who take advantage of people who lost their homes to natural disasters in order to turn a profit.

Tyler Le/Insider

As Hawaii mourns its dead, investors are swooping in to make a quick buck

A 100-year-old tree collapsed on the Florida governor's mansion during Idalia, Casey DeSantis says the family is fine

Tech Insider : Politics
Casey DeSantis
Florida first lady Casey DeSantis

Meg Kinnard/AP

Florida's climate exodus has already begun — and it's only going to get worse

Tech Insider : Economy, Politics, Climate Crisis
photo composite of aerial view of waves crashing onto a shore crowded with colorful umbrellas
Climate change is making disasters like hurricanes more devastating and frequent, and Floridians are already being forced to flee.

Getty; Marianne Ayala/Insider

The state's climate exodus has already begun

Subscribe to Hurricanes