Latest in As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
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After the wildfires: What a long rebuilding process will look like for Los Angeles homeowners
California's homebuilding industry faces a daunting task, and opportunity, in the aftermath of LA's wildfires.CNBC - 1d -
How could Trump target FEMA amid wildfire damage in L.A. area?
President Trump is traveling to natural disaster areas for his first official trip outside of Washington, D.C., since taking office earlier this week. CBS News White House reporter Willie James ...CBS News - 2d -
Trump speaks after touring wildfire damage in Los Angeles
President Trump spoke at a briefing in Los Angeles on Friday after touring wildfire damage. He pledged to surge federal resources to the Golden State to help with its recovery efforts.CBS News - 2d -
Newsom welcomes Trump to Los Angeles to survey wildfire damage
California Gov. Gavin Newsom greeted President Trump and first lady Melania Trump in Los Angeles on Friday for their tour of areas impacted by wildfires. CBS News White House reporter Willie James ...CBS News - 2d -
As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
S&P Global expects home insurance rates to be ‘heavily impacted’ by LA wildfiresMarketWatch - 3d -
The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.Inc. - 3d -
Trump to visit California to survey wildfire damage
President Trump is set to visit communities hit by wildfires in Southern California on Friday. The president continues to blame local and state officials for the devastation. Alene Tchekmedyian, ...CBS News - 4d -
US homeowners in disaster-prone states face soaring insurance costs
Climate crisis is making it harder for insurance companies to operate, with many pausing or withdrawing policies. Homeowners in the United States are facing an enormous financial crunch due to the ...The Guardian - 5d -
Applying UK inheritance tax to pensions ‘risks delays and higher costs’
Advisers call for rethink of how Treasury imposes planned extension of IHT to retirement fundsFinancial Times - 5d -
Insurers Were Right About California’s Wildfires
Regulators in California made it difficult for insurers to raise rates despite increasing risks. So the insurers stopped writing policies, which is logical. But they’ll get blamed and shamed anyway.Inc. - 5d -
First the fires, now the fight: Flaws in California insurance plan will test L.A. homeowners
An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the L.A. wildfire.NBC News - Jan. 19 -
LA wildfires thrust insurance startup into spotlight as property owners scramble for protection
A month after announcing its first funding round and debut insurance product, Stand is seeing a huge surge in interest due to the LA wildfires.CNBC - Jan. 19 -
More homeowners are being denied insurance. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.MarketWatch - Jan. 18 -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - Jan. 17 -
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.MarketWatch - Jan. 17 -
Holyhead port counts the cost of storm damage as services resume
A full daily service to and from Dublin is planned but one of the two ferry berths remain closed.BBC News - Jan. 16 -
Hawaii lawmakers vow to stabilize property insurance market amid higher premiums
Hawaii lawmakers are beginning a new legislative session with a vow to try to stabilize the state’s property insurance marketABC News - Jan. 16 -
Here are 7 steps homeowners and renters should take after a wildfire, experts say
If your primary residence was affected or completely destroyed in a wildfire, here are seven steps to take immediately, according to experts.CNBC - Jan. 15 -
California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.The New York Times - Jan. 14 -
Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market
One business owner in Altadena, where I once lived, would love to rebuild. But all of her customers lost their homes.Inc. - Jan. 13 -
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 - Jan. 13 -
Aerial footage reveals extensive damage as Los Angeles area wildfires rage on
CBS News' Maurice Dubois gets a firsthand aerial look at how once-sprawling California communities have been destroyed by the wildfires.CBS News - Jan. 13 -
Eye Opener: Los Angeles wildfire death toll climbs as Santa Ana winds fuel new fire fears
As high winds continue to threaten Los Angeles, the death toll from the unprecedented wildfires rises. Also, confirmation hearings for President-elect Donald Trump's Cabinet nominees begin this ...CBS News - Jan. 13 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
Gaza death toll 40% higher than official number, Lancet study finds
Analysis estimates death toll by end of June was 64,260, with 59% being women, children and people over 65. Research published in the Lancet medical journal estimates that the death toll in Gaza ...The Guardian - Jan. 10 -
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 - Jan. 10 -
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 - Jan. 10 -
Eye Opener: California wildfire death toll climbs
The number of dead climbs in Los Angeles, as officials face tough questions about what led to one of the most devastating fires in California history. Also, a massive winter storm is causing ...CBS News - Jan. 10 -
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 - Jan. 10 -
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 - Jan. 10 -
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 - Jan. 10 -
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 - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
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 - Jan. 8 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.CBS News - Jan. 3 -
NBA Power Rankings: Knicks surging ahead of showdown vs. Thunder, Lakers climbing as LeBron turns 40
Elsewhere, the Cavs might be the best No. 2 team in the history of Power RankingsCBS Sports - Jan. 3 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2