It's the Brian Laird show on W.N.

Good morning again everyone. It's the Brian Larrow Show on WNYC.

Good morning again everyone.

Now we'll take a look at the current state

of the home and auto insurance industry.

As some of you are experiencing,

consumers are struggling to keep up with rising auto and home insurance rates,

and many are being left with difficult choices to make, or shock to find that they can't buy or renew home or auto insurance policies at all.

Jean Egelsham, who covers insurance for the Wall Street Journal, reports that insurance premiums

have been outpacing inflation, which is saying a lot.

She has a recent story in the journal with the headline,

Buying home and auto insurance is becoming impossible.

And yes, impossible, literally in some cases because insurers

are beginning to pull out of high-risk areas especially in the home insurance market.

In many ways this is also a climate story therefore catastrophic damage from

storms and wildfires have pushed insurers to demand these high premiums to

cushion against future losses. So let's hear more now from Gene Eaglesham,

reporter for the Wall Street Journal.

Gene, welcome to WNYC.

Thank you so much for coming on.

My pleasure, thank you.

And listeners help Gene Eaglesham who covers insurance for the Wall Street Journal report this story.

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