From The Archives: As New Brunswick flood waters recede, residents are getting a first look at the damage done to infrastructure — some of which has been underwater for as long as 10 days. The historic water levels have displaced an estimated 2000-3000 individuals, and nearly 500 households have registered with the Red Cross.

Former CBC and BBC Radio Host Mary Ambrose sits down with Jason Thistlethwaite, a Fellow with the Centre for International Governance Innovation, for a conversation about climate change and insurance companies.

The cost of repairing the damage done by hurricanes is massive. In part, because flooding is the most expensive risk world-wide.

And insurance companies are shaking their heads. Not because people often don’t get flood insurance. Rather, because they have been warning us about the cost of climate change for decades.

There are no climate change deniers in the insurance business. We just haven’t listened. Listen to Jason tell Mary why we need to start listening.

The CIGI Podcast.
The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.
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