Latest in As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
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An Altadena Family Escaped the L.A. Wildfires, but They Lost Almost Everything
Aurielle Hall knew she had little time to get herself and her daughter out of Altadena. Convincing Aunt Cheri would be a different challenge.The New York Times - 4h -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 6h -
Rep. Lieu calls for investigation into water pressure failures in L.A. wildfire fight
Rep. Ted Lieu (D-Calif.), who represents a district affected by the wildfires in Los Angeles, calls for an investigation into the failures of the water system as firefighters work to put out the ...NBC News - 9h -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - 11h -
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 - 18h -
As wildfires ravage L.A., here's a look at worst fires in California's history
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires could be between $60 billion and $130 billion.CBS News - 8h -
The Evacuation App That’s Saving Lives in the L.A. Wildfires
Government agencies were slow to adapt Genasys Protect, created by two tech industry veterans at the request of a fire chief. But the app, which guides people to safety, has proved its value.Inc. - 11h -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - 12h -
Maps show how dry the Southern California is, as L.A. wildfires burn
Dry vegetation helped fuel fires that spread through the Los Angeles area in early January 2025.CBS News - 14h -
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California's insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my ...The Hill - 14h -
Veterinarian takes in dozens of pets as L.A. wildfires devastate the region
As the most destructive wildfires in L.A. history continue to ravage the region, veterinarian Dr. Annie Harvilicz is rescuing and caring for pets caught in the chaos. Harvilicz has taken in 40 ...CBS News - 15h -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - 16h -
How California wildfires are hitting the state’s housing market
Insurance companies have refused to renew policies for hundreds of thousands of homes in recent yearsFinancial Times - 19h -
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 - 21h -
At least 10 dead in L.A. wildfires as strengthened winds complicate firefighting efforts
180,000 evacuation orders have been prompted by 5 blazes across the county, with the largest fire only 6% contained.NBC News - 22h -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - 1d -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - 1d -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - 1d -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 1d -
Fire official gives update as deadly wildfires rage through L.A. area
Los Angeles Fire Department public information officer Captain Adam Van Gerpen speaks to "CBS Mornings" about the latest in the fight to control the raging wildfires burning through the L.A. area.CBS News - 1d -
L.A. wildfires spread and Jimmy Carter funeral: Morning Rundown
The Palisades Fire becomes the most destructive in L.A. history as firefighters battle blazes across the city.NBC News - 1d -
Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.The New York Times - 2d -
Wildfire turns scenes of L.A. into a nightmare of burning homes and fleeing residents
At least two people are dead, hundreds of buildings have burned and tens of thousands of Southern Californians remain under evacuation orders after fast-moving wildfires exploded in the Los Angeles ...NBC News - 2d -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - 2d -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - 2d -
LA wildfire causes 'significant damage' at school made famous by Hollywood
A high school that appeared in films such as Carrie is said to have been impacted by blazes, according to an official.BBC News - 2d -
L.A. officials report civilian fatalities and '0% containment' for wildfires
Los Angeles officials gave an update on the wildfires in California, reporting that there are multiple injuries and two reported fatalities from the Eaton Fire as it grows with "0% containment."NBC News - 2d -
L.A. County Supervisor Lindsey Horvath on the latest wildfire conditions
L.A. County Supervisor Lindsey Horvath provides an update on the Palisades fire and other wildfires wreaking havoc across the region.CBS News - 2d -
Wildfires Roar Through L.A., and Trump Floats U.S. Expansion
Plus, the end of Facebook fact-checking.The New York Times - 2d -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - 2d -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - 3d -
KNBC coverage of L.A. wildfires, driven by powerful winds
Watch live KNBC coverage as multiple wildfires are engulfing the Los Angeles area, prompting mandatory evacuations and leaving millions of people under red flag warnings.NBC News - 3d -
L.A. wildfires rapidly grow with worst winds still to come
Powerful winds whip up a fire in the coastal Pacific Palisades neighborhood of Los Angeles, forcing residents to evacuate.NBC News - 3d -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 3d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - 3d -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - 3d -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - 3d -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - 3d -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3