FROM Steven Bushnell
Risk Assessment, Climate Change and Insurance Rates Last year, the global insurance industry saw revenues of more than $3 trillion--a third more than revenues from oil and gas, and it adds up to enormous economic and political clout. In the late 60's, insurers lost 1 to 2% of premiums to weather-related catastrophes. From 1984 to 2004, the average was 3.3%. Last year, it leaped to 14% because of Hurricanes Katrina and Rita. Hurricanes in the Gulf, forest fires in the West, and rising sea levels that could mean catastrophic losses are turning the insurance industry into believers in global warming. So it's looking not just at past weather patterns but at what might be next, and using its clout to support hybrid cars, "green" buildings and other strategies to reduce greenhouse emissions. Insurers could also have much to say about where Americans locate their homes and businesses. Are they also using climate change as a way to jack up their rates and dump their riskier customers?
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Human Rights in the era of Donald Trump President Trump’s UN Ambassador, Nikki Haley, said today the US might pull out of the United Nations’ Human Rights Council. Serious violators of human rights are members of the Council itself–and a US resignation could make things worse. Later on today’s show, now that he’s into his second term, comedian turned US Senator Al Franken is telling jokes again.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.