Latest in Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market
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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 - 1h -
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 -
The bull market is still intact. This pullback is just the cost of doing business, says strategist
The S&P 500 is probably halfway through its setback already, says Truist strategist.MarketWatch - 1d -
22-year-old makes $49,000 a year as a teacher while preparing to go into business: My job ‘is super rewarding’
Aron Olegnowicz-Cruz is a special education teacher in Columbus, Ohio, and part of the Teach for America program.CNBC - 2d -
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 - 2d -
L.A. small businesses see years of work reduced to ash
From a decades-old diner to a yoga studio just getting off the ground, storefronts that anchored their communities were destroyed by the Palisades and Eaton fires.NBC News - 2d -
Even Without Its Most Famous Son, Carter’s Hometown Remains a Destination
Plains, Ga., joins a collection of other small towns known for their part in presidential history. That can provide a steady source of tourism.The New York Times - 2d -
L.A. fire victims cautioned to view insurance claims process as 'business transaction'
Southern California residents facing losses from this week’s Los Angeles-area fires are beginning to confront their next challenge: filing an insurance claim.NBC News - 3d -
Venezuela's opposition supporters grapple with hope and disappointment after Maduro is sworn in
The inauguration of Venezuelan President Nicolás Maduro has left his opponents grappling with conflicting feelings of hope and disappointment, pondering why the leftist leader could not be stopped ...ABC News - 3d -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - 3d -
Small Business Administration aid for Los Angeles area wildfire victims
There may be some relief for business owners and others who may qualify for loans from the Small Business Administration. CBS News Los Angeles' Joy Benedict has more.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 -
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 -
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 - 4d -
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 - 4d -
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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 - 4d -
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 - 4d -
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 - 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 -
How Gen AI Helps Small Businesses Recruit Better Employees, and More Efficiently
A new survey reveals a large number of small companies haven’t used AI much—or at all. Those that have report significant hiring benefits as a result.Inc. - 5d -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 5d -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - 5d -
Joni Ernst Tapped to Lead Senate Committee on Small Business and Entrepreneurship
Ernst, who is one of the top Republicans in the Senate, teased visions for what her leadership of the committee will aim to tackle.Inc. - 6d -
‘I’ll be the bad guy if I reject their offer’: My son and his wife want to buy our rental for half the market value. Is that fair to our other children?
“We charge them $1,450 per month for rent. Both parents contributed to their $100,000 wedding.”MarketWatch - Jan. 7 -
Major incidents declared as UK grapples with floods, snow and ice
Almost 200 flood warnings have been issued in parts of England.BBC News - Jan. 6 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
5 Supreme Court Cases That Could Have a Big Impact on Small Businesses in 2025
These cases will shape business decisions for years to come, according to legal experts.Inc. - Jan. 6 -
Start January Strong by Turning Post-Holiday Energy Into Small-Business Success
After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.Inc. - Jan. 5 -
The Uplift: Hometown heroes
An ultimate frisbee team with a seven-season losing streak learns resilience through their losses. National Guard troops stationed overseas return home just in time for the new year – and one of ...CBS News - Jan. 4 -
How Turnkey Service Improves Your Business’s Marketability
Making the case that your business can meet customers needs is key, but follow through with a reliable strategy.Inc. - Jan. 4 -
How Three Small Independent Coffee Shops Started Their Businesses
The owners began their businesses with no college degrees and 100 percent grit. A visit from the TikTok food critic Keith Lee also helped.The New York Times - Jan. 3 -
Hiring Is Broken. And Not in the Way You Think
As hiring ramps up in 2025, managers and job seekers alike face a hopeless clusterf***k.Inc. - Jan. 3 -
2 dead, 18 injured after small plane crash in Southern California
Two people are dead and 18 are injured after a small plane crashed into the rooftop of a commercial building in Southern California on Thursday, according to authorities. Ten of the people injured ...The Hill - Jan. 3 -
2 dead, 18 hurt after small plane crashes into building in Southern California
Police in Southern California say two people are dead and 18 people are hurt after a small plane crashed into a building in Fullerton, California, Thursday afternoon.ABC News - Jan. 2 -
Small Businesses Brace Themselves for TikTok Ban
If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.Inc. - Jan. 2 -
How Jimmy Carter remained 'Mr. Jimmy' to the people of his hometown
Atlanta Journal-Constitution reporter Ernie Suggs talks about the life and work of former President Jimmy Carter, who died Sunday at the age of 100.ABC News - Dec. 31
