How parametric insurance startups use data science and AI to limit their liability, as climate change makes typical kinds of coverage unprofitable (Christopher Mims/Wall Street Journal)

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Christopher Mims / Wall Avenue Journal:

How parametric insurance coverage startups use knowledge science and AI to restrict their legal responsibility, as local weather change makes typical sorts of protection unprofitable  —  A brand new breed of insurer is discovering alternative as bigger corporations exit some markets  —  If floodwaters exterior a warehouse in Freeport …