Latest in Insurance Claims
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Fact checking Trump's claims about the California wildfires
President-elect Donald Trump has accused California Gov. Gavin Newsom of prioritizing environmental policies over public safety, and claimed that FEMA lacked the funds to respond to the crisis.CBS News - 19m -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 1h -
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 - 5h -
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 - 6h -
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 - 7h -
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 - 13h -
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 - 22h -
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 - 1d -
The California wildfires could push more people toward travel insurance. This type offers extra peace of mind — for a price.
Insurers have seen a rise in cancel-for-any-reason policies. Here’s what travelers should know before buying in.MarketWatch - 4h -
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 - 5h -
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 - 7h -
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 - 9h -
‘We’ve had two cars for 40 years’: With congestion charges, insurance and gas prices — should we sell our second car? Or will we regret it?
“I’m semi-retired working about 20 hours a month at my own business.”MarketWatch - 11h -
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 - 16h -
Djokovic wants to 'focus on tennis' after poisoning claim
Novak Djokovic says he wants to "focus on tennis" after claiming in a magazine interview he had been "poisoned" when detained in a Melbourne hotel.BBC News - 16h -
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 - 1d -
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 - 1d -
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 - 1d -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 1d -
The race to claim the Moon’s airwaves
Increased share of commercial radio spectrum filings shows bet on future lunar economy, FT research findsFinancial Times - 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 - 2d -
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 -
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 - 2d -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 2d -
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Russia claims capture of Ukrainian front-line town
Ukraine has not acknowledged the fall of Kurakhove in the war-torn region of Donetsk.BBC 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 - 4d -
Australia beat India to claim series victory
Watch highlights as Australia beat India by six wickets in Sydney and win the five-match Test series 3-1.BBC News - 5d -
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 - 6d -
TikTok Knew Livestreams Exploited Minors, Suit Claims
A Utah lawsuit alleges that TikTok was aware livestream posed risks to children.Inc. - 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 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
Apple to pay $95m to settle claims Siri listened to users’ private conversations
Settlement of proposed class-action lawsuit represent nine hours of profit for Apple, which has denied wrongdoing. Apple has agreed to pay $95m in cash to settle a proposed class-action lawsuit ...The Guardian - Jan. 3 -
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.CBS News - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
Trump claims a mandate, but he won’t have much time to fulfill it
The vanquished party is always one election away from redemption.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