Chapter 2: What Is Insurance, and What Is It Not? from Understanding Disaster Insurance: New Tools for a More Resilient Future by Carolyn Kousky
https://islandpress.org/books/understanding-disaster-insurance
Insurance and risk transfer markets can be a powerful tool for adapting to climate change, yet they are frequently misunderstood. Many find insurance confusing or even problematic and ineffective. Understanding Disaster Insurance is a useful guidebook for policymakers, innovators, students, and other decision makers working to secure a resilient future—and anyone affected by wind, fire, rain, or flood.
