How Home and Auto Insurance Has Turned Into a Nightmare for U.S. Households

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 8 January 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for Jan. 8. Homeowners and drivers are facing rising premiums, less coverage and fewer choices of insurers. Jean Eaglesham reports. Aviation reporter Ben Katz says two near-catastrophic accidents last week—one of which caused five deaths—have put the aviation industry under strain. Plus, commercial property reporter Konrad Putzier explains how office-vacancy rates in the U.S. hit a new record in the fourth quarter. Pierre Bienaimé hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:27.0	The aviation industry is under strain following two near catastrophic accidents in the US and Japan last week.
0:37.0	Plus, insurance is becoming unaffordable for many Americans, no matter what market they're in.
0:42.0	This is a nationwide phenomenon
0:44.0	moment.
0:45.0	We're seeing life is tough for people buying home
0:47.0	and auto insurance pretty much everywhere.
0:49.0	And after nearly 30 years,
0:51.0	Nike and Tiger Woods call it a day on one of the longest and most
0:54.5	lucrative endorsement deals in sports.
0:57.0	It's Monday January 8th.
0:58.4	I'm Pierre Bien-Mé for the Wancery-Fertoli.
1:02.0	This is the PM edition of What's News, the top headlines, and business stories that move the world today.
	...

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