Description: This article by Carlos Arocha explores the protection gap throughout Latin America for coverage against natural catastrophic events. As climate change has increased both the frequency and severity of these events, coverage gaps have weighed on both household and public sector economics. In the article, Carlos highlights different methods for evaluating the size of this protection gap, and discusses a number of different ideas for closing this gap, through private sector initiatives, public sector changes, or private-public partnerships.

Description: This article examines the property losses sustained by homeowners and the economic losses sustained by insurance companies and government agencies due to California wildfires.