The Weekend Brief offers analysis and insights on one big news item of the week, delivered only to Quartz members.
Hurricanes Helene and Milton have ravaged the southeast U.S., leaving billions of dollars in damage.
As people without insurance are still in good position to get government bailouts after disasters, they are incentivized to take more financial risks.
Another issue is the infrastructure in storm-prone states that is not prepared for the increasing power of future natural disasters, and few bidders looking to lay down the cash for these improvements.
For this edition of the Weekend Brief, we explore the idea of a moral hazard and possible solutions to the issues above.
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