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https://www.wsj.com/articles/wagers-on-the-weather-insurers-offer-a-way-for-businesses-to-hedge-climate-risks-cd36e5dParametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has garnered interest amid tough conditions for insurance buyersBon Appétit Restaurant in Dunedin, Fla., turned to a parametric policy to cover potential flood damage after finding it difficult to obtain conventional insurance in the state.