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Climate Change

The risky business of homeowners insurance
Homeowners inspect the ruined remains of their property after a fire. Rubble, a chimney, and a rusted truck are all that's left.

State Farm, the largest insurer in California, has stopped writing new home insurance policies in the state, citing “rapidly growing catastrophe exposure.”

(Image: iStock/VladTeodor)

The risky business of homeowners insurance

State Farm, the largest insurer in California, has stopped writing new home insurance policies there, citing “rapidly growing catastrophe exposure.” In a Q&A, Wharton’s Benjamin Keys discusses climate change and its risk to the real estate market.

Kristina Linnea García

Smoke safety: What to know and how to keep safe with poor air quality
A person crosses the Schuylkill River on a blue bike. The city skyline behind him is obscured with smoke haze.

A person cycles past the skyline in Philadelphia shrouded in haze, Thursday, June 8, 2023. Intense Canadian wildfires are blanketing the northeastern U.S. in a dystopian haze, turning the air acrid, the sky yellowish gray and prompting warnings for vulnerable populations to stay inside.

(Image: AP Photo/Matt Rourke)

Smoke safety: What to know and how to keep safe with poor air quality

Olajumoke O. Fadugba of the Perelman School of Medicine addresses why smoke irritates the body, why people with allergies and asthma are particularly affected, and how to stay safe. Writer: Kristina García

Kristina Linnea García