Latest in New California regulation requires insurance companies to offer coverage in high risk areas
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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. - 16h -
Here are the products and companies most at risk from Trump's tariff plans
President-elect Donald Trump's proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, french fries, furniture and beer.CNBC - 21h -
L.A. area braces for more high winds and heightened wildfire risk
The Palisades and Eaton wildfires continue burning in the Los Angeles area as Southern California prepares for increased fire danger.CBS News - 1d -
Fierce winds and heightened risk of wildfires return to California
Windy weather and single-digit humidity that created dangerous bone dry conditions across the region are expected to linger . Fierce and gusty winds and a heightened risk of wildfire outbreaks ...The Guardian - 1d -
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Who qualifies for long-term care insurance coverage in 2025?
Purchasing this type of coverage is a smart move for your finances, but you'll have to qualify first.CBS News - 4d -
Do you live in a fire-risk area? These maps show high-risk zones.
Los Angeles and other areas of California are at high risk of wildfires, but they're not alone. So are parts of Texas, Florida and more, maps show.CBS News - 5d -
How wildfires increase financial risk for utility companies
As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructureFinancial Times - 6d -
Moderate Drinking Raises Health Risks While Offering Few Benefits
A federal analysis that will shape the influential U.S. Dietary Guidelines questions alcohol’s overall benefits.The New York Times - Jan. 15 -
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 - Jan. 14 -
Here's where insurance firms see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - Jan. 14 -
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 -
Dementia risk may be twice as high as Americans live longer, study finds
The risk of developing dementia may be much higher than previously thought, a study published in the journal Nature Medicine has found.NBC News - Jan. 13 -
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 -
California officials give update on wildfires, looting as area braces for more high winds
Authorities in California gave an update Monday on the wildfires that have scorched much of the Los Angeles area and the looting that has ensued in some places. More high winds are expected as ...CBS News - Jan. 13 -
California fires death toll rises as L.A. area braces for more winds
Fires across the Los Angeles area have killed at least 24 people, and the Palisades and Eaton wildfires are still burning in Southern California.CBS News - 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 -
Zelenskyy offers firefighting help from Ukraine for Los Angeles-area wildfires
In the wake of multiple wildfires that have torched tens of thousands of acres of Los Angeles County, local firefighters and first responders have received support from across the world.CBS News - Jan. 13 -
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 - Jan. 12 -
Insurers Limit Coverage of Prosthetic Limbs, Questioning Their Medical Necessity
This is a MedPage Today story. When Michael Adams was researching health insurance options in 2023, he had one very specific requirement: coverage for prosthetic limbs. Adams, 51, lost his right ...ABC News - Jan. 11 -
Los Angeles Will Remain at High Risk of Fire Into Next Week
The arrival of La Niña is starving California of rain, and more high Santa Ana winds could be on the way.Wired - Jan. 11 -
California wildfires highlight the fast pace of home building in fire-prone areas
“More people are building in fire-prone areas than ever before, and they are not building with fire resistance in mind, because it’s expensive,” one expert said.MarketWatch - Jan. 11 -
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 - 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 -
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 - Jan. 10 -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - 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 -
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 -
The Big Question: How much sick pay should companies offer?
Policies vary dramatically between different countries, but striking the right balance is hardFinancial Times - Jan. 10 -
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 - Jan. 9 -
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 - Jan. 9 -
California officials provide updates on 5 fires in Los Angeles area
Los Angeles area officials provided updates on at least five fires in the state. The Sunset Fire in the Hollywood Hills has been stopped, an official said, and the Woodley Fire has also been 100% ...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 -
IDF restricts media coverage of soldiers to protect them from risk of legal action
Israeli military’s new rules intended to protect reservists travelling overseas from facing allegations of war crimes. The Israeli military has placed new restrictions on media coverage of soldiers ...The Guardian - Jan. 8 -
Harris's California neighborhood ordered to evacuate as wildfires blaze through area
Vice President Harris's neighborhood in Los Angeles was ordered to evacuate Tuesday night as wildfires blazed through the area, her spokesperson said Wednesday. "Last night, the Vice President's ...The Hill - 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 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - Jan. 6 -
The Surgeon General Wants Alcohol Companies to Add a Warning about Cancer Risk
Congress is unlikely to approve new labeling on alcohol anytime soon, but studies linking consumption with cancer put liquor companies in a tough spot.Inc. - Jan. 3 -
EPA determines formaldehyde poses an ‘unreasonable risk’ to humans and must be regulated
The Biden administration has officially determined the chemical formaldehyde poses an “unreasonable” risk to human health and should be regulated. The Environmental Protection Agency (EPA) said ...The Hill - Jan. 3 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1