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cover of episode Growing insurance premiums — and problems

Growing insurance premiums — and problems

2025/5/14
logo of podcast Marketplace All-in-One

Marketplace All-in-One

Shownotes Transcript

California regulators are allowing State Farm insurance to charge 17% more following this year's LA wildfires. State Farm says it needs the rate increase — on top of the 20% it got last year — because it’s in financial distress following the fires. But the issue of higher premiums goes well beyond California. We'll hear more, then learn why there are concerns about the U.S. dollar remaining the world's reserve currency.