Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

CAT bonds could be key to paying for wildfire losses

Dec 10, 2018
Some urge FEMA to issue a catastrophe bond to help pay for wildfire recovery.
Firefighters battle flames at a burning apartment complex in Paradise, north of Sacramento, California, on Nov. 09.
JOSH EDELSON/AFP/Getty Images