Barney Schauble

  • TOPSHOT – Residents trapped in their home peer out a window while waiting for help in Yucaipa, California on August, 21, 2023. Tropical Storm Hilary drenched Southern California with record rainfall, shutting down schools, roads and businesses before edging in on Nevada on August 21, 2023. California Governor Gavin Newsom had declared a state of emergency over much of the typically dry area, where flash flood warnings remained in effect until this morning. (Photo by JOSH EDELSON / AFP) (Photo by JOSH EDELSON/AFP via Getty Images)Commentary

    Housing insurance is melting down in several property markets as climate change renders old assumptions obsolete

    By Spencer Glendon and Barney Schauble