Are insurance companies making profits as natural disasters multiply?
Insurance companies are dealing with an increase in claims as natural disasters occur more often and at a higher intensity. CBS MoneyWatch correspondent Kelly O'Grady breaks down how climate circumstances are affecting profitability for certain insurers. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://ift.tt/6AgfFe2 Download the CBS News app: https://ift.tt/GLb67CJ Follow CBS News on Instagram: https://ift.tt/5MuN3e9 Like CBS News on Facebook: https://ift.tt/rJjR4Dz Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://ift.tt/iDQk3O1 Try Paramount+ free: https://ift.tt/t0y3vri For video licensing inquiries, contact: licensing@veritone.com
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