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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 - 31m -
Firefighters Battle Large Blaze at Bronx Apartment Building
Over 200 firefighters and emergency medical workers responded to the fire early Friday. Seven people have been injured and many residents displaced.The New York Times - 32m -
L.A. 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 - 3h -
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 - 12h -
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 - 20h -
Thursday Briefing: Los Angeles Battles Deadly Wildfires
Plus, how genetics factor into longevity.The New York Times - 22h -
Column: How the stars of 'It Ends With Us' spawned a universe of legal and PR battles
Actors and producers Blake Lively and Justin Baldoni have traded accusations of sexual misconduct, smear tactics and more. But the film is doing quite well.Los Angeles Times - 2d -
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 - 6h -
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 - 14h -
What Californians should know about filing insurance claims after fire
For those who have it, a standard homeowners' insurance policy does cover destruction caused by fire, including wildfires.CBS News - 18h -
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 - 20h -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 1d -
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 - 1d -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - 1d -
Pentagon sending assets to California to battle wildfires
The Defense Department is sending additional assets to California to assist with the massive wildfire spreading across Los Angeles and the southern part of the state. Pentagon deputy press ...The Hill - 1d -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - 1d -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - 2d -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 2d -
Breakthrough drugs herald ‘new era’ in battle against dementia, experts predict
Medical advances make pills to treat Alzheimer’s disease viable, though challenges remain in sharing gains globally. Pills that prevent Alzheimer’s disease or blunt its effects are on the horizon, ...The Guardian - 2d -
10 gunmen killed in shootout with police amid cartel turf battles
The early morning shootout happened during a joint patrol by police and the military in Guanajuato.CBS News - 3d -
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 - 3d -
The battle for working people
Laura Loomer makes an important point about supporting American workers in the face of global competitionFinancial Times - 4d -
Tracking Ukraine’s battle against Russia in maps and charts
A visual guide to the warFinancial Times - 4d -
Warring sides battle inside Russia as Moscow reports gains in Ukraine
Russia said on Monday its forces had made important gains in eastern Ukraine while continuing to fend off a new Ukrainian offensive inside the Kursk region of western Russia, where a second day of ...NBC News - 4d -
As Democrats Reel, Two Front-Runners Emerge in a Leadership Battle
The race to lead the Democratic National Committee centers on the favorites, Ken Martin and Ben Wikler, but the party’s infighting over them looks nothing like a broad reckoning with its 2024 defeats.The New York Times - 4d -
Texas GOP civil war reaches bruising climax with leadership battle
Long-simmering tensions within the Texas GOP are spilling out into the open amid a heated battle for the state House Speaker seat. The fight underscores long-standing friction between the rump of ...The Hill - 4d -
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 - 6d -
Johnson lays out key commitments amid Speakership battle
Speaker Mike Johnson (R-La.) on Friday vowed to “reduce the size and scope of the federal government” among several other commitments as he fights to keep his gavel this week. “If we don’t follow ...The Hill - 6d -
What to know about the House speaker battle as a new Congress is set to be sworn in
A new Congress is set to be sworn in on Friday and the House will vote for its speaker as one of its first orders of business. Current Speaker of the House Mike Johnson has worked to shore up ...CBS News - Jan. 3 -
Johnson battles for the Speakership: 5 things to watch
Friday’s Speaker vote is shaping up to be a nailbiter as Rep. Mike Johnson (R-La.), the current House leader, is scrambling to keep the gavel for the next two years in the face of conservative ...The Hill - Jan. 3 -
The Memo: New Orleans mass killing gets pulled into partisan political battle
It took less than 48 hours for the mass killing in New Orleans to be pulled into the partisan debates that are roiling the nation. In the process, some of the political rhetoric ran roughshod over ...The Hill - Jan. 3 -
The looming battle over Britain’s wind farms
The Labour government wants to ramp up renewables. But many local residents are up in arms about plans for pylons and cables in sensitive sitesFinancial Times - Jan. 3 -
5 big lobbying battles ahead
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story K Street gears up for Trump 2.0 Lobbyists will have their hands full in 2025 with ...The Hill - Jan. 2 -
Mikel Arteta battles injury crisis amid Arsenal’s crammed January schedule
Gunners must negotiate nine matches this month but manager says squad is one of the ‘thinnest’ in the top flight. It was at this stage of last season that Arsenal took the opportunity to decamp to ...The Guardian - Jan. 2 -
Trump nominees: 5 confirmation battles to watch
The 119th Congress is around the corner and confirmation battles featuring President-elect Trump’s slate of nominees are set to take center stage. Since Trump’s rapid rollout of choices, two ...The Hill - Jan. 1 -
Millions of children lost health insurance in Medicaid shake-up
Children were among the millions of people who lost Medicaid coverage after the government required states to reevaluate every recipient's eligibility. Some have been able to get benefits back, but ...NBC News - Dec. 31 -
Paxton warns of primary challenges for GOP incumbents amid Texas Speaker battle
Texas Attorney General Ken Paxton (R) on Tuesday warned of primary challenges for Republican incumbents in the state Legislature amid an ongoing battle over the Texas House Speakership. “Texans ...The Hill - Dec. 31