A run for cover: LA’s fires and insurance

<p>Among the lessons emerging from California’s devastating fires is the idea that insurers <a href="https://www.economist.com/finance-and-economics/2025/01/10/the-los-angeles-fires-will-be-extraordinarily-expensive?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">cannot price risk</a> on past data: the climate-change future is already here. Pete Hegseth, Donald Trump’s pick for defence secretary, has some <a href="https://www.economist.com/international/2025/01/06/women-warriors-and-the-war-on-woke?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">misguided notions</a> about women on the battlefield (10:10). And examining <a href="https://www.economist.com/culture/2025/01/09/sex-and-snow-white-how-grimm-should-childrens-books-be?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">children’s literature</a>: should it be all sugar and spice—or more real-world, where not everything’s nice (19:28)?</p><br /><p><em>Get a world of insights by </em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>subscribing to Economist Podcasts+</em></a><em>. For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account.</em></p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>