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Hurricanes Take Toll on Insurance Industry Profits

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Hurricanes Take Toll on Insurance Industry Profits

U.S.

Hurricanes Take Toll on Insurance Industry Profits

Hurricanes Take Toll on Insurance Industry Profits

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  • <iframe src="https://www.npr.org/player/embed/4056261/4056262" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Insurance companies expect lower third-quarter earnings because of claims resulting from four recent hurricanes. The storms caused more than $20 billion in damage, well above the norm for hurricane season. Hear NPR's Adam Hochberg.