“Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Robert Hartwig, Associate Professor of Finance at the University of South Carolina. I this episode they discuss the concept of moral hazard in insurance.
In this episode we cover:
- What is meant by the term moral hazard.
- The two forms of moral hazard.
- How insurers protect themselves against moral hazard.
- The other side of moral hazard, can it actually be a good thing as well?
- Insurance as an enabler, providing a financial safety net for when risk goes wrong.
- Links between moral hazard and the climate crisis.”
Click the link here to listen to the podcast.