Understanding Disaster Insurance: New Tools for a More Resilient FutureThe frequency and intensity of natural disasters such as wildfires, hurricanes, floods, and storms is on the rise, threatening our way of life and our livelihoods. Managing this growing risk will be central to economic and social progress in the coming decades. Insurance, an often confusing and unpopular tool, will be critical to successfully emerging from the effects of these crises. Its traditional role is to protect us from unforeseen and