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

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

Nate and Maria discuss the California wildfires. How do incentives in insurance markets drive decisions by homeowners &ndash; and by insurers? What&rsquo;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 To&iacute;bin <a href="https://www.lrb.co.uk/the-paper/v47/n01/colm-toibin/in-la">on the loss of Gary Indiana&rsquo;s personal library</a>&nbsp;in the Palisades fire
<a href="https://www.wsj.com/finance/california-home-insurance-los-angeles-palisades-fire-3cce96a9?mod=Searchresults_pos3&amp;page=1">An overview of California&rsquo;s insurance issues</a>&nbsp;from the WSJ
For more from Nate and Maria, subscribe to their newsletters:
<a href="https://mariakonnikova.substack.com/">The Leap</a> from Maria Konnikova
<a href="https://www.natesilver.net/">Silver Bulletin</a> from Nate Silver&nbsp;

Risky Business is a weekly podcast about making better decisions. The hosts, Maria Konnikova and Nate Silver, are both journalists who moonlight as high-stakes poker players. On Risky Business, they bring their analytical framework to everything from politics to poker to personal decisions.

Maria has a PhD in psychology and is the author of several books including, most recently, The Biggest Bluff. While researching the book, she inadvertently became a professional poker player, with over $500,000 in tournament winnings. She is a PokerStars Team Pro.

Nate is the founder and former editor-in-chief of FiveThirtyEight, and one of the country’s leading election forecasters. He has over $800,000 in lifetime poker tournament winnings and his forthcoming book, On the Edge, is about gambling and risk.

Risky Business is a co-production of iHeart Media and Pushkin Industries.

Risky Business is a weekly podcast about making better decisions. The hosts, Maria Konnikova and Nate Silver, are both journalists who moonlight as high-stakes poker players. On Risky Business, they bring their analytical framework to everything from politics to poker to personal decisions.
Maria has a PhD in psychology and is the author of several books including, most recently, The Biggest Bluff. While researching the book, she inadvertently became a professional poker player, with over $500,000 in tournament winnings. She is a PokerStars Team Pro.
Nate is the founder and former editor-in-chief of FiveThirtyEight, and one of the country’s leading election forecasters. He has over $800,000 in lifetime poker tournament winnings and his forthcoming book, On the Edge, is about gambling and risk.
Risky Business is a co-production of iHeart Media and Pushkin Industries.

Risky Business with Nate Silver and Maria Konnikova

Wildfires, Insurance, and Planning for Disaster

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/32b971f4-6e12-4e2a-990f-b267001c3014/transcript

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