A Changing Climate

By the end of October, insurance executives worldwide were allowing themselves a collective sigh of relief as an unusually uneventful hurricane season was winding down in the Atlantic. And when another superstorm touched off by global warming blew through London and around the world on Oct. 30, they were[an error occurred while processing this directive] far more prepared than they would have been even a year ago.

The London storm was not literal, but political: Nicholas Stern, a respected former World Bank economist, released his long-awaited report on the long-term economic impact of climate change. Commissioned by Britain's Chancellor of the Exchequer...

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