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The risky business of homeowners insurance
Homeowners inspect the ruined remains of their property after a fire. Rubble, a chimney, and a rusted truck are all that's left.

State Farm, the largest insurer in California, has stopped writing new home insurance policies in the state, citing “rapidly growing catastrophe exposure.”

(Image: iStock/VladTeodor)

The risky business of homeowners insurance

State Farm, the largest insurer in California, has stopped writing new home insurance policies there, citing “rapidly growing catastrophe exposure.” In a Q&A, Wharton’s Benjamin Keys discusses climate change and its risk to the real estate market.

Kristina García

The Arbour Way Foundation commemorates launch with significant gifts to the University of Pennsylvania’s Venture Lab and Memorial Sloan Kettering Cancer Center

The Arbour Way Foundation commemorates launch with significant gifts to the University of Pennsylvania’s Venture Lab and Memorial Sloan Kettering Cancer Center

The Arbour Way Foundation has made a $10 million commitment to the Wharton School’s Venture Lab to establish a dedicated health care entrepreneurship vertical for students, with remarks from President Liz Magill.

Three things to know about the debt ceiling fight
A person is seen walking in front of the New York Stock Exchange on Wall Street.

People pass the front of the New York Stock Exchange in New York on March 22, 2023. Brinkmanship in Washington over raising the U.S. debt ceiling has begun to raise worries in parts of the financial markets.

 (Image: AP Photo/Peter Morgan, file)

Three things to know about the debt ceiling fight

Economist Harold L. Cole of the School of Arts & Sciences offers an overview of what could happen should the U.S. default on debt payments because no spending deal is reached.

Kristen de Groot