Latest in Denied Insurance L.a
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More homeowners are being denied insurance. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.MarketWatch - 19h -
Our Insurance System Subsidizes Moves to Disaster Zones
Our policies encourage Americans to flock to areas particularly prone to climate-related disasters.The New York Times - 23h -
Hawaii lawmakers vow to stabilize property insurance market amid higher premiums
Hawaii lawmakers are beginning a new legislative session with a vow to try to stabilize the state’s property insurance marketABC News - 1d -
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry watchdog says.Inc. - 1d -
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 - 2d -
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 - 2d -
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 - 2d -
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. - 3d -
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 - 3d -
Are arsonists responsible for the L.A. wildfires?
Fire investigators are working to determine whether the Los Angeles blazes were the result of an intentional act, an accident or damaged utility lines.NBC News - 4d -
Pedri denies Spain boycott over Olmo fiasco
Barcelona midfielder Pedri has denied that the club's players considered boycotting the Spain national team over the row surrounding Dani Olmo's registration.ESPN - 4d -
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 - 4d -
L.A. wildfires still largely uncontained
Nearly a week since wildfires first erupted in Los Angeles County, the scope of the disaster has become shockingly clear: At least 16 deaths, more than 12,000 homes and structures destroyed, and ...CBS News - 4d -
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 - 5d -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 5d -
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 - 6d -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
As L.A. Fires Burn, Edison Utility Denies Any Involvement
Insurers ask Southern California Edison to preserve evidence, though it says there are no indications its equipment was linked to the still-raging wildfire.Inc. - 6d -
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 -
NY top court denies delaying Trump sentencing
New York’s high court on Thursday declined to halt President-elect Trump’s sentencing on his hush money criminal conviction, which is scheduled for Friday morning. In a terse note, the New York ...The Hill - Jan. 9 -
Source: Cowboys deny Bears' McCarthy request
The Cowboys have denied permission to the Bears to interview coach Mike McCarthy, a source told ESPN's Adam Schefter on Tuesday.ESPN - 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 -
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 -
ChatGPT creator denies sister's childhood rape claim
Ann Altman filed a lawsuit alleging her brother sexually abused her between 1997 and 2006.BBC News - 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 -
Clippers deny ex-staffer's 'frivolous' Kawhi claims
After the Clippers allegedly refused to pay Randy Shelton, who was fired last summer, he sued the team and president of basketball operations Lawrence Frank, saying he was punished for expressing ...ESPN - Jan. 3 -
Alon Alexander Is Denied Bail in Sex Trafficking Case
Mr. Alexander’s brother, Oren Alexander, was granted a hearing extension by a judge in Miami. A third brother, Tal Alexander, was denied bail on related charges in December.The New York Times - Jan. 3 -
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