Shaun Spearmon

Apr 1, 2024 | dig-in.com | Nick Petschek |Shaun Spearmon

The purpose of insurance is to manage risk and allow societies to grow and prosper. Our climate crisis is magnifying those risks, jeopardizing the insurance industry and its societal function. In just 2023 alone, there were 28 of what were previously considered "once in a lifetime" disaster events in the U.S. that each resulted in at least $1 billion in damages, for a total of ~$30B.