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Flood involves
the U.S government in this really peculiar way, fire is privately underwritten, so it's private insurers and what's happening
with fire risk, is that some of the
primary insurers are going out of business, in events like the
California wildfires, that can put an insurer
out of business, if they have
outstanding liabilities that exceed what
they can pay off
the U.S government in this really peculiar way, fire is privately underwritten, so it's private insurers and what's happening
with fire risk, is that some of the
primary insurers are going out of business, in events like the
California wildfires, that can put an insurer
out of business, if they have
outstanding liabilities that exceed what
they can pay off
Full Transcript
00:00:01.000 --> 00:00:02.005
- Flood involves
the U.S government
00:00:02.005 --> 00:00:04.103
in this really peculiar way,
00:00:04.103 --> 00:00:07.841
fire is privately underwritten,
00:00:07.841 --> 00:00:09.607
so it's private insurers
00:00:09.607 --> 00:00:14.179
and what's happening
with fire risk,
00:00:14.179 --> 00:00:16.449
is that some of the
primary insurers
00:00:16.449 --> 00:00:17.683
are going out of business,
00:00:17.683 --> 00:00:19.352
in events like the
California wildfires,
00:00:19.352 --> 00:00:20.754
that can put an insurer
out of business,
00:00:20.754 --> 00:00:23.356
if they have
outstanding liabilities
00:00:23.356 --> 00:00:25.291
that exceed what
they can pay off.
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Movie Summary
Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
![- [Wes Jr.] Then
we started talking - Hot Money](https://clip.cafe/img400/wes-jr-then-we-started-talking.jpg)
