Latest in LA neighbors face vast inequality in rebuild due to insurance crisis
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LA neighbors face vast inequality in rebuild due to insurance crisis
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.CBS News - 5h -
L.A. Faces Pressure From Wealthy Residents as the Pacific Palisades Rebuilds
The neighborhood is likely to grow more expensive and exclusive as millionaire Angelenos demand a fast-track recovery.The New York Times - 1d -
Manchester United face tough summer transfer window due to limited funds
Profit from player sales will again be key to signings United remain open to selling Garnacho and Mainoo Manchester United face another difficult transfer window in the summer due to limited ...The Guardian - 1d -
Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.
Americans are being forced to reckon with the ‘new normal’ of climate change. Now what?MarketWatch - 2d -
Wider LA areas will be ‘more flammable’ due to climate change, study finds
Climate change caused primarily by fossil fuel burning had increased the likelihood of the California fires, scientists sayFinancial Times - Jan. 28 -
Underinsured face financial uncertainty after losing homes in LA fires
The total cost of rebuilding homes in the L.A.-area fires will outpace what underinsured owners' insurance policies can afford.CBS News - Jan. 27 -
Rebuilding Paradise
The recent wildfires in Los Angeles County destroyed thousands of homes and businesses. But residents of Paradise, Calif., who lost their homes to the devastating Camp Fire in 2018, did not give ...CBS News - Jan. 26 -
California Senate Insurance Committee still without leader amid corruption probe, insurance crisis
As California faces the largest insurance crisis in the state's history, there is still no leader of the state Senate Insurance Committee. Half committee members are new to the committee, the ...CBS News - Jan. 24 -
Marilyn Manson won't face sexual assault, domestic violence charges in LA
Marilyn Manson won't face charges of sexual assault or domestic violence following a four-year investigation, the Los Angeles County District Attorney's Office announced Friday. "We have determined ...The Hill - Jan. 24 -
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 - Jan. 24 -
After Israel's bombs caused 'almost total devastation,' Rafah faces a daunting rebuilding process
Last year, Rafah was home to over a million Palestinians displaced from the Israel-Hamas war. Now, Palestinians in Gaza wade through rubble to see what remains.NBC News - Jan. 23 -
Apartments for $20,000 a month: residents scramble after wildfires deepen LA’s housing crisis
With more than 15,000 structures burned to the ground, experts say Angelenos of all income levels will be affected. Hours after losing her house to the Palisades fire in Los Angeles , Charlotta ...The Guardian - Jan. 22 -
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 - Jan. 22 -
Gaza Residents Return to Vast Destruction in Old Neighborhoods
Palestinians returning to parts of the enclave have been picking their way through vast piles of rubble and trying to salvage what they can.The New York Times - Jan. 21 -
Gaza faces 'immense' challenges rebuilding as Palestinians return to homes in ruins
Israel celebrated the release of 3 female hostages, the first of 33 set to be freed in the first phase of ceasefire.NBC News - Jan. 20 -
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 -
Domestic workers in LA face financial crisis after homes they worked in lost to fires
Many domestic workers now face a dire financial hardship because of their employment in areas where structures burned down.ABC News - Jan. 18 -
Trump moves inauguration inside, 'vast majority' of ticketed guests can’t attend
Trump's inauguration will be moving indoors Monday due to the freezing weather expected in Washington, D.C.ABC News - Jan. 17 -
Menendez brothers' resentencing hearing postponed due to LA fires
The hearing, now set in March, is set to determine whether the brothers could potentially be freed on paroleBBC News - Jan. 18 -
LA's Olympic venues were spared by wildfires, but the city's rebuild could impact the Games' runup
The deadly wildfires that have ravaged sections of Los Angeles left an indelible imprint on the region's landscape and psycheABC News - Jan. 17 -
From L.A. wildfires to hurricanes, immigrants help rebuild after disasters. Some may face deportation
As the number of extreme weather events exacerbated by climate change increases, there is a growing workforce of laborers, many of them without legal status.NBC News - Jan. 17 -
Netanyahu Faces a Political Crisis Over the Gaza Cease-Fire Deal
With his far-right coalition partners opposing an end to the war and threatening to quit, the Israeli prime minister may have to choose: them or the agreement.The New York Times - Jan. 17 -
The difficulties of rebuilding in the same spot after the LA wildfires subside
The Los Angeles wildfires have reduced entire communities to ash.ABC News - Jan. 17 -
Rebuilding L.A. Will Take Workers, Many of Whom Face Deportation
As the fire-ravaged metro region ponders reconstruction and a return to normal, the sizable undocumented labor force may be drastically reduced under Trump’s mass deportation plans.Inc. - Jan. 16 -
‘A ton of unknowns’: months ago, LA residents lost wildfire insurance. Then the fires came
After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many. When James Borow realized last Tuesday that his Palisades house was on fire, ...The Guardian - Jan. 16 -
The media needs to show how the climate crisis is fueling the LA wildfires
With few exceptions, the news has shied away from showing how the unfolding climate crisis plays a large role in the disaster. Last week, as the Sunset fire was bearing down on her Los Angeles ...The Guardian - Jan. 16 -
‘Criminally reckless’: why LA’s urban sprawl made wildfires inevitable – and how it should rebuild
A century of foolhardy development, including public subsidies for rebuilding in the firebelt, hugely contributed to this tragedy, writes our architecture critic. LA must rethink – and build ...The Guardian - 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 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Lebanese whose homes were destroyed in the war want to rebuild. Many face a long wait
It's been six weeks since a ceasefire halted the war between Israel and Hezbollah and many displaced Lebanese whose homes were destroyed in the fighting want to rebuildABC News - Jan. 12 -
Line of fire: LA mayor Karen Bass faces scrutiny as historic blazes devour city
Seething residents are questioning city’s preparedness, even as hurricane-force winds and climate crisis created unprecedented calamity conditions. As a series of wildfires in the Los Angeles ...The Guardian - Jan. 11 -
Airlines extend travel waivers due to LA wildfires
Airlines are waiving change fees and fare differences for Los Angeles-area flights due to wildfires.CNBC - Jan. 10 -
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 - 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 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 -
What are the unprecedented conditions facing firefighters in LA?
Fire crews are facing dire challenges, hurdles that have intensified the fires and are complicating the response. LA fires live updates: California wildfires latest news As multiple fires rage ...The Guardian - Jan. 10 -
Putin Gets a Snub in the Vast Wine Cellars of a Former Soviet Republic
The Russian president celebrated his 50th birthday at a winery in Moldova. After the invasion of Ukraine, it moved the bottles he was given away from public view.The New York Times - Jan. 9 -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - Jan. 9 -
World Anti-Doping Agency faces crisis after US government withholds funding
US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...The Guardian - Jan. 8 -
California Fires: Thousands Face Evacuation Across LA Area
Three fires prompted fire officials to issue a swath of evacuation orders and warnings for some of the city’s most heavily residential areas.The New York Times - Jan. 8