Latest in Change Spikes Insurance
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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 -
‘It’s been life-changing’: meet the adults making big changes later in life
Some people never learn to read or swim or even cook as children - but with the right spirit there’s still time to make things right. I was 44 when I learned to cycle. I grew up in Yorkshire and ...The Guardian - 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 -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - Jan. 11 -
The California Wildfires Are the Latest Disaster Supercharged by Climate Change
Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.The New York Times - Jan. 11 -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - Jan. 11 -
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 - Jan. 11 -
Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensionsABC News - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
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 -
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 -
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 -
For richer, for poorer: the changing finances of divorce
Budget changes make navigating the economic dynamics of relationships more taxingFinancial Times - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.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 -
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 - 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 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - 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 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
Vinicius red card is a chance for Real Madrid to calm vitriol, not spike it
Vinicius' sending-off vs. Valencia was a fairly unremarkable moment -- and just his second career red card -- but the manner in which it was covered must be scrutinized.ESPN - Jan. 9 -
Man Utd v Arsenal and the 'moment that changed history'
Former Manchester United players look back at the epic 1999 FA Cup semi-final replay between the Red Devils and Arsenal.BBC News - Jan. 9 -
Bergvall controversy fuels Postecoglou's tirade on 'change'
Lucas Bergvall scored a late winner for Tottenham against Liverpool in the Carabao Cup semi-final first leg, but there was controversy over whether he should have been on the pitch.BBC News - Jan. 9 -
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of ...CBS News - Jan. 8 -
Can Trump Change the Name of the Gulf of Mexico?
Presidential naming powers usually stop at the water’s edge.The New York Times - Jan. 8 -
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 - Jan. 8 -
'Unfair' to call parents into school to change nappies
A council says parents will have to come in to change children who soil themselves in school.BBC News - Jan. 8 -
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 - Jan. 8 -
Now a key playmaker - how the role of a goalkeeper changed
How the job of a goalkeeper has evolved from keeping the ball out of their net to also playing a key role in a team's attack.BBC News - Jan. 8 -
Ubisoft highlights parkour changes in Assassin's Creed Shadows
Both Naoe and Yasuke will have additional options to get around the world of Assassin's Creed Shadows.ESPN - Jan. 7 -
The solicitor general climate change briefs that didn’t bark
This failure exposes the weakness of the Biden administration’s position supporting the climate change plaintiffs.The Hill - Jan. 7 -
What is HMPV? CDC 'monitoring' reports of spiking cases in China
The CDC’s actions come in response to China's government-run media confirming that positivity rates of HMPV hare rising in children under the age of 14, despite respiratory illnesses being down ...The Hill - Jan. 6 -
Sabres Make Fascinating Changes To Lines
The Sabres have made some changes to their lines at their morning skate.Yahoo Sports - Jan. 6 -
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 -
Oilers Announce Last Minute Lineup Changes
The Edmonton Oilers made a surprise change right before playing the Seattle Kraken.Yahoo Sports - Jan. 5