The full extent of the damage caused by Hurricane Ian is still being tallied. The death toll—which now stands at 120—rises by the day. As those living in the storm’s path attempt to rebuild, they may now also have to deal with the downstream effects of a crisis in pristine, far-off boardrooms. According to a... Continue Reading →
The skyrocketing cost of fire insurance foreshadows a larger confrontation over so-called managed retreat. Stu Smith got an email from his insurance company last summer with some bad news: His premium was more than quadrupling. Smith is the co-owner of Smith Madrone, a wine operation in the mountains of California’s Sonoma Valley, and he had... Continue Reading →