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'Million Dollar Listing LA' star reveals how clients are insuring homes amid rising rates
Josh Flagg, star of Bravo's "Million Dollar Listing Los Angeles" joins CNN to discuss the skyrocketing cost of home insurance in America. The US saw a record 28 weather and climate disasters in 2023, with damages from each event totaling over $1 billion. An expert in the insurance industry says Americans saw roughly a 10% to 12% increase in their homeowners' insurance rates.
00:59 - Source: CNN
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josh flagg 032924 cnc
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'Million Dollar Listing LA' star reveals how clients are insuring homes amid rising rates
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Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. The Federal Reserve announced today that they will cut the central bank’s benchmark interest rate by 50 basis points to a new range of 4.75%-5%.
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