Adam Sosnick

L.A.

fires dominated insured losses of $127 billion in 2025.

Tom, I'm going to come to you with the story here.

Last year, insurance companies, I mean, this number, when I read it to you, global insured losses of more than $127 billion from natural disasters were dominated by more than $100 billion in the U.S.

in 2025.

After the L.A.

fires, according to a new industry report on climate and other extreme events, this is Financial Times.

Overall global economic losses stemming from disasters including thunderstorms and earthquakes total $260 billion.

This is according to insurance broker Aon.

More than half of those losses not covered by insurance.

Think about that.

Half of $260 billion not covered by insurance highlighting persistence of inadequate coverage of emerging markets.

And then it covers a few different things.

Every insured losses from climate disasters were 27 percent higher than a long term average since 2000.

A big part of being California.

What's interesting, Rob, do you have the clip where the president said if anybody wants to get a permit approval for nuclear, it's three weeks for data centers is two weeks.

If you have that clip and how this goes to California, is that the one, Rob?

That you have – nuclear – how long is it?

11 seconds.

No, he doesn't answer that.