Should home insurance companies be making this much money?
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 19 May 2026
⏱️ 9 minutes
🧾️ Download transcript
Summary
If you’re a homeowner — this is no surprise to you — property insurance can be expensive. It seems to get more and more pricey each year. Some might blame climate change or natural disasters, but if you look under the hood of the $1 trillion in premium payments last year, the numbers might tell a different story. We'll unpack. But first, we'll discuss and preview earnings for some of America's largest retailers.
Transcript
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| 0:00.0 | Programming is supported by Stoll Reeves, a leading U.S. corporate litigation law firm providing sophisticated business clients' high-quality legal services with offices in seven states and Washington, D.C. |
| 0:12.6 | Stole Reeves is a nationally recognized leader in project finance and natural resources industries. |
| 0:18.9 | From deals and disputes to compliance and counseling, clients turn to Stole Reeves for their most complex business challenges. |
| 0:26.0 | Learn more at S-T-O-E-L.com. |
| 0:30.5 | Storms, floods, and fires are ever more extreme. |
| 0:34.2 | And yet, the Federal Emergency Management Agency is fighting for its life. |
| 0:38.6 | I've never been a big fan of FEMA. |
| 0:40.0 | FEMA's a disaster. |
| 0:41.2 | FEMA's a dirty way. |
| 0:41.9 | People are waking up in droves to the FEMA camps. |
| 0:44.8 | Can the agency survive the stories that have been told about it? |
| 0:48.2 | And can we survive without FEMA? |
| 0:50.6 | American Emergency, the Movement to Kill FEMA, is a brand new series from WNYC's On the Media. |
| 0:57.3 | Listen, wherever you get your podcasts. |
| 1:01.0 | Are uncertain consumers still spending? |
| 1:05.7 | From Marketplace, I'm Nancy Marshall Genser in Washington. |
| 1:08.7 | We're getting an update on retail sales this week from some big names, including Home Depot and Walmart. |
| 1:15.5 | Last week, we got retail sales data from the Census Bureau that showed Americans kept spending last month. |
| 1:21.6 | Retail sales rose by a half percent in April, the third straight monthly gain. |
| 1:25.7 | For more on what this week's round of earnings might |
| 1:29.0 | tell us, we're joined by Lauren Seidel Baker, economist at the New Hampshire-based economics |
| 1:33.9 | consultancy firm, ITR economics. Good morning, Lauren. Good morning. So April's retail sales |
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