Soaring Insurance Rates Have States Considering Price Caps
P.M. Edition for Oct. 20. The cost of home and auto insurance in the U.S. has risen so dramatically that lawmakers in some states are considering price controls. But, as WSJ reporter Jean Eaglesham tells us, that approach may have downsides. Plus, millions of internet users struggled to use major websites and apps today as an Amazon Web Services outage persisted for hours. And Apple closed at a record high following news of strong iPhone sales. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.
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