Marketplace Morning Report for Tuesday August 26, 2014
Aug 26, 2014

Marketplace Morning Report for Tuesday August 26, 2014

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First up, more on news that the World Health Organization has increased by six fold the amount of money it needs from world governments to fight the Ebola virus in Africa. Plus, nine years ago this morning, a big storm was creeping west across the Gulf, after smashing through Florida. Its name: Katrina. Since then, we've not had a gargantuan hurricane (if you define Sandy as a superstorm, not a hurricane, and you regard Irene in 2011 as awful but not gargantuan). So where does this leaves the insurance industry? Elsewhere, volcanic rumblings in Iceland have raised fears of a major threat to air travel across Europe. Four years ago an Icelandic eruption grounded thousands of flights, costing several billion dollars. But there are reasons to believe history isn't about to repeat itself.

 

Segments From this episode

How the sharing industry gets insurance

Aug 25, 2014
Getting insurance coverage can be a challenge for sharing companies.

Volcanic rumblings stir economic concerns

Aug 26, 2014
Activity at Iceland's Bardabunga volcano raises fear of flight restrictions.

U.S. corporations park billions overseas

Aug 26, 2014
Pfizer, Merck, Microsoft, Apple and others store money overseas for tax advantage.

A lack of hurricanes is not all good for insurers

Aug 26, 2014
Without the occasional natural disaster, insurance companies must compete on price.

PODCAST: Sharing is caring, but not insured

Aug 26, 2014
Burger King takes over, Pfizer's inversion, and insuring the "sharing economy."

Why Americans are less satisfied with their cars

Aug 26, 2014
Though car sales are up, people's satisfaction with their cars is at a low.

First up, more on news that the World Health Organization has increased by six fold the amount of money it needs from world governments to fight the Ebola virus in Africa. Plus, nine years ago this morning, a big storm was creeping west across the Gulf, after smashing through Florida. Its name: Katrina. Since then, we’ve not had a gargantuan hurricane (if you define Sandy as a superstorm, not a hurricane, and you regard Irene in 2011 as awful but not gargantuan). So where does this leaves the insurance industry? Elsewhere, volcanic rumblings in Iceland have raised fears of a major threat to air travel across Europe. Four years ago an Icelandic eruption grounded thousands of flights, costing several billion dollars. But there are reasons to believe history isn’t about to repeat itself.

 

The team

Stephen Ryan Producer, BBC