text: Wealthier, more technologically advanced societies are better able to anticipate, withstand, and recover from climate change, extreme weather events, and other natural disasters. There is no evidence that extreme weather events are becoming more frequent or severe in this century.30 But let s assume for the sake of argument that rising levels of atmospheric carbon dioxide will warm the planet in ways that increase the number and intensity of severe storms. What type of insurance policy would offer the most protection under such circumstances?