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The Cost of the LA Fires: Will Insurance Cover the Devastation?
16m 48s
As Californians lose their homes and their livelihoods, finances will become a crucial issue for many people needing to rebuild and carry on. Bloomberg Business reporter Leslie Kaufman says this is an "existential test" for the state's insurance system. She tells Hari Sreenivasan what it might mean for Americans as we face a future of increasingly extreme weather events.