$3.1mn fraud highlights potential for parametric triggers to be underminedColoradan farmers Ed Dean Jagers and Patrick Esch were jailed this year after they pled guilty to tampering with weather stations to receive false parametric insurance payouts totalling more than $3.1mn.
Parametric insurance: the risks of all or nothingAdam Strong, partner at HFW, examines the potential for disputes in the expanding parametric insurance market.