World Business Report

Analysis of the big global business and economic issues, as they affect consumers and investors. Broadcast on weekdays.

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US natural disasters hit insurance companies


Florida’s Tropical Storm Idalia is the most expensive natural disaster to hit the United States this year.

Insurance companies in Florida are now under pressure; nine property insurance firms have closed down since 2021.

We hear from a business in Cedar Key which was badly damaged by the storm.


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 September 1, 2023  30m