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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 - 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 -
On the Eve of Trump’s Sentencing, an Unusual Art Gallery Opening
A show by the artist Isabelle Brourman, who sketched the trials of Donald J. Trump, attracted figures from the art world, the media and some lawyers from his civil fraud trial.The New York Times - 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 -
Russia open to Trump, Putin meeting: Kremlin
Russian President Vladimir Putin is ready to meet President-elect Trump without conditions, the Kremlin said on Friday, but is waiting for more specifics following the U.S. presidential ...The Hill - Jan. 10 -
Eye Opener: California wildfire death toll climbs
The number of dead climbs in Los Angeles, as officials face tough questions about what led to one of the most devastating fires in California history. Also, a massive winter storm is causing ...CBS News - 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 -
'High demand' for City of Culture opening ceremony
'High demand' reported for open-air performance in Bradford city centre on Friday.BBC News - 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 -
Trump calls on Newsom to ‘open up the water main’
In a post online Thursday, President-elect Trump called on California Gov. Gavin Newsom (D) to “open up the water main” as fires in Los Angeles continue to rage. “Governor Gavin Newscum should ...The Hill - 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 -
Open auditions to be America’s 51st state
The U.S. already has 50 states — and all of them are less of a mess than Canada or Britain.The Hill - Jan. 9 -
Opening day of a new Congress signals future troubles
The opening day of the new Congress was marred by intra-party fratricide, with the Speaker of the House being elected after multiple ballots and a change in rules making it more difficult to remove ...The Hill - Jan. 9 -
Britain's Fearnley handed Kyrgios blockbuster at Australian Open
Britain's Jacob Fearnley is set to face Nick Kyrgios - and a partisan home crowd - in the controversial Australian's return to Grand Slam tennis.BBC News - Jan. 9 -
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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 -
Panama Canal’s Expansion Opened Routes for Fish to Relocate
A multibillion-dollar expansion helped the canal accommodate king-size cargo ships. It might also be fueling ecological upheaval.The New York Times - Jan. 7 -
Is a 2-year CD still worth opening?
A 2-year CD can still be valuable for many savers, even at a slightly lower interest rate. Here's why.CBS News - Jan. 7 -
GB's Jones & Harris win in Australian Open qualifying
Fran Jones and Billy Harris are through to the second round of Australian Open qualifying but three more Britons were beaten.BBC News - Jan. 7 -
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 -
GB's Dart and Watson win in Australian Open qualifying
Great Britain's Harriet Dart and Heather Watson make it through to the second round of qualifying for the Australian Open, but Dan Evans is out.BBC News - Jan. 6 -
Some Democrats said to be open to backing RFK Jr.
A handful of Senate Democrats are said to be leaving the door open to voting for Robert F. Kennedy Jr. to become the next Health and Human Services secretary. As preparations for confirmation ...The Hill - Jan. 4 -
Eye Opener: Winter storm to hit much of U.S.
Millions of Americans are in the path of the first major winter storm of the year, which is expected to dump snow and ice and create dangerous conditions from the Central Plains to the East Coast. ...CBS News - Jan. 4 -
3 CD accounts still worth opening for 2025
CD accounts can still be valuable this year, especially if you open one of these term lengths.CBS News - Jan. 3 -
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 - Jan. 3 -
Source: Chiefs open return window for CB Watson
The Chiefs opened the practice window for cornerback Jaylen Watson, who has been out with a broken ankle.ESPN - Jan. 3 -
Is a $10,000 1-year CD worth opening for 2025?
If you can afford to temporarily part with the funds, a $10,000 1-year CD could prove valuable for 2025. Here's why.CBS News - Jan. 2 -
Opening a savings account? Here's what to know
Annual percentage yields (APYs) on top high-yield savings accounts are currently 4.5% and above, according to Bankrate.The Hill - Jan. 2 -
Why you should open a gold IRA for 2025
There are multiple reasons why a gold IRA could be worth opening this year. Here are three to know now.CBS News - Jan. 2 -
Premier League January transfer window opens
The Premier League transfer window opened on Wednesday, giving clubs the opportunity to improve their squads for the remainder of the 2024-25 season.ESPN - Jan. 2 -
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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