Small towns, climate change, and a bizarre insurance policy

Published: July 20, 2020, 9 a.m.

Natural disasters ravage inland American towns every year, and these towns often don’t get the federal recovery money they need. Now they’ve resorted to the private market for this money, with massive insurance policies to protect against droughts or floods. POLITICO’s Zack Colman on the risks of relying on insurance policies to deal with climate change.