David Motemaden, Evercore ISI managing director, joins ‘Power Lunch’ to discuss the health of the insurance sector as natural disasters impact premiums. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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This is not just a California problem, it's been going on in Florida for years! Now these insurance companies will move over to other states where there are almost no fires/hurricanes/tornadoes, etc. They want you to pay but they don't want you to claim!
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