Researchers with Lehigh University's Center for Catastrophe Modeling and Resilience, led by anthropologist David G. Casagrande, have identified two urgent challenges the United States faces in adapting to climate change: a potential disaster insurance crisis and the lack of comprehensive relocation policies for communities facing chronic flooding. Their paper, titled "Climate Change and Insurance: Embracing Resilience for Private Market Survival," is published in Sustainable Development. The research warns that climate change is undermining the private insurance and reinsurance industries. Traditional methods for spreading natural disaster risk—such as premium pricing, peril region pooling and catastrophe bonds—are no longer sufficient, which has led insurers to abandon high-risk markets. […]