The Capital Ideas Podcast now has a new monthly edition hosted by Capital Group CEO Mike Gittlin.

Investment professionals reveal their best mentors, how they find their next great idea,

and a few funny stories. Subscribe wherever you get your podcast,

American Funds Distributors, Inc.

Here's your money briefing from Monday, August 5th.

I'm J. R. Whelan for the Wall Street Journal.

Umbrella insurance is designed to kick in when the limits on your other policies have been exhausted.

But with inflation pushing the price of nearly

everything higher, that's happening more often.

Many of us paying higher auto insurance premiums, we're paying higher home

insurance premiums, we're paying higher home insurance premiums.

We're paying higher grocery bills.

So this is just another cost that has gone up.

And it's frustrating a lot of consumers.

Wall Street Journal of Personal Finance reporter Veronica Dagger will join us and run through the basics

and the rising costs of umbrella insurance.

After the break. The Capital Ideas Podcast now has a new monthly edition hosted by Capital Group CEO Mike Gittlin.

Investment professionals reveal their best mentors, how they find their next great idea,

and a few funny stories.

Subscribe wherever you get your podcast American Funds Distributors Inc.

consumers, Inc. consumers often sign up for umbrella insurance to give themselves an extra layer of coverage, but it can be costly, and it's getting even more so.

Wall Street Journal reporter Veronica Dagger joins me.

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