Latest in California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
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Fix special needs education system or face 'lost generation', say MPs
A report finds the special educational needs and disabilities system in "disarray" and lacking funds.BBC News - 2h -
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 - 18h -
Families dropped by insurance struggle after losing homes in California fires
More than 100,000 homeowners in the Los Angeles area were dropped by their insurance companies before the recent wildfires broke out. Elizabeth Cook shares the story of families now struggling to ...CBS News - 14h -
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. - 1d -
Pete Hegseth's Pentagon future faces crucial test in Senate committee hearing
Pete Hegseth must be approved by the GOP-led Senate Armed Services Committee before he can go before the full Senate for confirmation.CBS News - 1d -
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 -
The Los Angeles wildfires: Confronting the pain of loss
Sparks rode the hot breath of the Santa Ana Winds all across Los Angeles County this week, as wildfires destroyed thousands of structures, from the mountains to the ocean. Correspondent Lee Cowan ...CBS News - 3d -
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 - 3d -
Congress braces for California wildfire fallout
House lawmakers are bracing for what could be a contentious battle over emergency spending in the wake of the wildfires that are tearing through Southern California — an unprecedented disaster ...The Hill - 4d -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 4d -
Elected officials in California facing criticism over wildfire response
At least 10 people are dead and over 300,000 have been ordered or warned to evacuate as wildfires continue to devastate parts of Southern California. Some residents have been quick to blame ...CBS News - 4d -
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't sign anything right away.ABC News - 4d -
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 - 4d -
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 - 4d -
What to know about California fires insurance claims, cancellations
Los Angeles officials provided an update for residents having to deal with insurance claims after several wildfires swept through Southern California. California Insurance Commissioner Ricardo Lara ...CBS News - 4d -
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 - 4d -
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 - 5d -
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 - 5d -
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 - 5d -
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 -
Los Angeles mayor faces backlash over wildfires
Los Angeles Mayor Karen Bass repeatedly dodged questions about her leadership and alleged lack of initial presence during the ongoing wildfires affecting the area.ABC News - 5d -
See how large the California wildfires are
See how large the wildfires have become. The Palisades Fire is already larger than the land size of Providence, Rhode Island.NBC News - 5d -
Among tens of thousands of displaced Angelenos, celebrities face the same devastating losses
Paris Hilton, Mandy Moore, Jeff Bridges, Mel Gibson and Britney Spears are among the many L.A. County residents affected by the destruction of historic fires.Los Angeles Times - 5d -
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.Wired - 5d -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 5d -
MAGA Is Blaming DEI for the California Wildfires
Rather than months without rain or the effects of climate change, figures like Elon Musk and Donald Trump Jr. are pointing to a familiar scapegoat as entire neighborhoods burn.Wired - 6d -
California wildfire victims face uncertain future: "It looks like a war zone"
While many who evacuated from the fires in California don't know if their homes survived, others found a way back — only to see that there was nothing left. For those who found their house was ...CBS News - 6d -
Senate Democrats face early test with vote on Laken Riley Act
Democrats will face an early test on how to navigate immigration under President-elect Trump on Thursday when the Laken Riley Act becomes the first bill to hit the Senate floor. The bill, which ...The Hill - 6d -
WATCH: Wildfire scientist on cause of Southern California wildfires
Wildfire scientist and fire ecologist Chad Hanson discusses the factors that led to the historic and devastating Southern California wildfires and how climate change played a role.ABC News - 6d -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - 6d -
Wildfires in Southern California
Plus, we explain why Facebook is getting rid of fact-checking.The New York Times - 6d -
LA official on California wildfires: This is a public safety emergency
Los Angeles councilmember, Traci Park, who represents one of the areas under siege from the intense wildfires, joins TODAY to share an update and break down what people should know about the ...NBC News - Jan. 8 -
FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - Jan. 8 -
Dangerous winds fueling California wildfires
NBC News' Chase Cain reports on the heavy smoke seen over Pacific Palisades, Calif., while meteorologist Bill Karins details the path of the strong winds.NBC News - Jan. 7 -
Is two-tier Test system 'greedy' or will it help cricket survive?
After a report by the Melbourne Age suggests that plans for a two-tier World Test Championship would be discussed later this month, BBC Sport looks at the reaction so far.BBC News - Jan. 7 -
Monday will be a tougher test for the system, though snow could limit traffic.
The tolls were introduced just past midnight on Sunday. Officials are still assessing how they are affecting traffic patterns in New York City.The New York Times - Jan. 6 -
Israel faces mounting pressure over detention of Gaza hospital chief after raid
Israel faced mounting pressure Saturday over its detention of Gaza hospital chief Dr. Hussam Abu Safiya, during a raid on Kamal Adwan hospital.NBC News - Jan. 4 -
Speaker Mike Johnson faces crucial vote as new congress begins
Mike Johnson continues to fight to keep his position as House Speaker as the newly-elected 119th congress will be sworn in Friday and is set to vote on who will fill the spot. At least one ...NBC News - Jan. 3 -
California gas car ban faces uncertain future
{beacon} Energy & Environment Energy & Environment The Big Story Legal challenges complicate California's auto future While the Biden administration recently approved California’s effort to ban ...The Hill - Jan. 2 -
House speaker Mike Johnson faces crucial Friday vote as support in doubt
The embattled Republican can only afford to lose one vote as GOP prepares to elect its congressional leader. Mike Johnson ’s grip on the House speakership faces a crucial test on Friday, as ...The Guardian - Jan. 2