How Hurricane Milton could overhaul insurance in Florida

Paul Newsome, senior research analyst at Piper Sandler, joins CNBC's 'Squawk on the Street' to discuss Hurricane Milton's projected economic impact, how it will change insurance prices and coverage in the area, and more.

[JacobReynolds-tv]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[skidoo]

Trump will let the insurance companies deny preexisting conditions! MAGA!

[D.]

Time to move to Texas. This is unsustainable. There’s no business model that can handle this. It’ll only get worse.

[Lex_Lugar]

The best insurance is a personal "rainy day" fund. There’s very few insurance products that are worth their premiums.

[Patrick-yhyd]

It will lower insurance!!!! For those who move away.

[Willfully_Ignorant]

I’m sorry but these insurance companies have raised rates by 20% to 35% each year for the last 3 years. They are and have been making record profits and continue to get away with gouging while our Congress keeps approving these price hikes. Our incumbents have got to be removed if you want this to change and party does not matter at this point because they are all guilty of these price hikes.

[kevinblackburn]

“Climate change and more destructive storms”. Moronic nonsense