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Nate and Maria discuss the California wildfires. How do incentives in insurance markets drive decisions by homeowners – and by insurers? What’s the best way to make rational decisions about the disaster risks we all face?

And they discuss a question from listener JM who asks what happens when the River and the Village mix it up in Washington?

Further Reading:

Colm Toíbin on the loss of Gary Indiana’s personal library in the Palisades fire

An overview of California’s insurance issues from the WSJ

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The Hosts

Nate Silver

Nate Silver, co-host of the Risky Business podcast, is the founder and former editor-in-chief (2008-2023) of FiveThirtyEight, which was published by The New York Times, ESPN, and ABC News. FiveThirtyEight…

Maria Konnikova

Maria Konnikova, co-host of the Risky Business podcast, is the author, most recently, of The Biggest Bluff, a New York Times bestseller, one of the Times’ 100 Notable Books of…