2. The extreme weather risk-hedging industry

Photo illustration of a house damaged by a hurricane behind ripped paper

Photo illustration: Sarah Grillo/Axios. Photo: Win McNamee/Getty Images

For decades, companies have helped Wall Street, large retailers, major industries and other clients anticipate weather fluctuations, and the subsequent price and inventory volatility.

  • But the new era of extreme weather events has created a market for a different approach — and startups are filling it.
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