Latest in Are insurance companies making profits as natural disasters multiply?
Sort by
402 items
-
How much of your net worth should be tied up in your house, as wildfires and other disasters make owning a home riskier?
The majority of American homeowners’ net worth is in their houses, but financial planners say a house should represent a much smaller share of a household’s wealth.MarketWatch - 11h -
Tax breaks are becoming more generous for natural-disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around ...MarketWatch - 15h -
Tyler Perry knocks insurance companies over policy cancellations ahead of wildfires
Tyler Perry is ripping the "pure greed" of insurance companies for canceling homeowners' policies ahead of the devastating wildfires in California. "Watching a daughter use a garden hose to try and ...The Hill - 1d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 2d -
Newsom says California wildfires will be one of the worst natural disasters in U.S. history
California Gov. Gavin Newsom told NBC News’ “Meet the Press” Saturday that the Los Angeles-area wildfires will be one of the worst natural disasters in U.S. history and called for an independent ...NBC News - 2d -
Nature: Birds in New York State
We leave you this Sunday Morning birdwatching at the Reinstein Woods Nature Preserve in western New York state. Videographer: Carl MrozekCBS News - 2d -
California fires could make this pricey travel insurance add-on more essential
Insurers have seen a rise in cancel-for-any-reason policies. Here’s what travelers should know before buying in.MarketWatch - 2d -
Gov. Newsom says L.A. wildfires could be worst natural disaster in U.S. history: Full interview
California Gov. Gavin Newsom (D) exclusively speaks with NBC News Correspondent Jacob Soboroff as wind-fed wildfires sweep through the Los Angeles area.NBC News - 2d -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - 3d -
The California Wildfires Are the Latest Disaster Supercharged by Climate Change
Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.The New York Times - 3d -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - 3d -
Inside the disaster zone with Los Angeles County firefighters
Rob Marciano spent Friday embedded with Los Angeles County Fire Department crews as they went through the disaster zone of the Palisades Fire, extinguishing flare-ups.CBS News - 4d -
Lasting psychological impacts of natural disasters on survivors
As massive flames continue to ravage Southern California, survivors are left to pick up the pieces. Dr. Sue Varma talks about the long-term psychological effects of natural disasters, highlighting ...CBS News - 4d -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - 4d -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 4d -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 4d -
WATCH: Insurance expert on how to prepare for insurance claims amid California fires
ABC News’ Linsey Davis speaks with insurance broker Karl Susman about the difficulty of insuring homes and making fire claims in California as residents begin to survey the damage left by the fire.ABC News - 5d -
How to talk to kids about natural disasters
Here are some practical, research-backed ways to talk to children about natural disasters while keeping their emotional well-being—and your own—in mind.ABC News - 5d -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - 5d -
The Los Angeles wildfires are climate disasters compounded
Conditions for a January LA firestorm have not existed before now, writes a meteorologist and climate journalist. California wildfires – live Californians: have you been affected by the ...The Guardian - 5d -
In the Palisades, an Evacuation Disaster Was Years in the Making
Some Pacific Palisades residents said the community had long asked for more detailed fire preparation plans. When a fire raged through the community this week, gridlock ensued.The New York Times - 6d -
Biden approves major disaster declaration for California wildfires
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday ...CBS News - 6d -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - 6d -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - 6d -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - 6d -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - 6d -
-
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Disaster by the Numbers: The Crisis in Sudan
The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.The New York Times - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
Nature: Bald Eagles in South Dakota
We leave you this Sunday with bald eagles flying high above the Missouri River in South Dakota. As of January 1st, the bald eagle is, finally, our official national bird. Videographer: Kevin ...CBS News - Jan. 5 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Life Lessons From the Masters of Disaster
The President-elect and the mayor of Chicago are great examples of how not to behave at critical moments. Entrepreneurs, take note.Inc. - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2
