Insurers retreat from the coasts

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 13 July 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Farmers Insurance is the latest to call it quits in Florida as more frequent hurricanes ramp up risk for insurance companies. We’ll get into what coastal states like Florida might do to prevent residents from moving to more insurable parts of the country. And, inflation has settled down to 3%, but don’t be too quick to celebrate. Plus, we’ll commemorate the first anniversary of the James Webb Space Telescope with some unbelievable new photos.

Here’s everything we talked about today:

- “‘Cascading impacts’ warning as Farmers becomes latest insurer to quit Florida” from The Guardian

- “Farmers Insurance is leaving Florida in latest blow to homeowners” from Tampa Bay Times

- “How We Survive” from Marketplace

- “Russia’s Flagship Crude Oil Surpasses G-7 Price Cap for First Time” from Bloomberg

- “Inflation at 3% Flags End of Emergency, Turning Point for Fed” from Bloomberg

- “Inflation slows to 3%, but returning to 2% is ‘still a ways away'” from CNBC

- “Workers save turtles migrating through Conn. dry-cleaning business” from The Washington Post

- “Meet Sammy, the surfing seal from San Diego” from BBC News

- “Seal pup goes surfing in San Diego!” from @thatgoodnewsgirl on TikTok

- “NASA releases spectacular image to celebrate James Webb Space Telescope” from The Washington Post

Got a question about the economy, business or technology for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].

Transcript

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0:00.0	Hey everybody, it's Kai.
0:01.6	Listen, is it time to upgrade your car?
0:04.2	Give it new life by donating it to Marketplace.
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0:16.4	Go to Marketplace.org slash vehicle
0:18.5	to donate your car today.
0:23.7	The days are warmer.
0:24.8	The walks are longer.
0:26.0	And one easy way to help your dog shine this season
0:28.8	is with fresh healthy food from the farmer's dog.
0:31.7	The farmer's dog makes real fresh dog food
0:34.4	and delivers it right to your door.
0:36.2	Recipes are developed with vets made from real meat and veggies
0:39.6	and portioned just for your dog,
0:41.4	making it easy to say goodbye to burnt brown balls
0:44.5	and feed your dog real food with real benefits.
0:48.0	Just share some info about your dog in the fun sign up quiz
0:51.1	and the farmer's dog will build your dog a personalized plan
0:54.8	and send you fresh, balanced, ready to serve dog food.
	...

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