Latest in Insurance Companies Misinformation
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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 -
How Elon Musk seized on baseless memo claim to fuel wave of misinformation
The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.BBC News - Jan. 9 -
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Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.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 -
Apple's inaccurate AI news alerts shows the tech has a growing misinformation problem
An artificial intelligence feature on iPhones is generating fake news alerts, stoking concerns about the technology's ability to spread misinformation.CNBC - Jan. 8 -
Are you falling for wellness misinformation online? Here’s how to tell
Social media is rife with alarming advice and warnings – experts share red flags to avoid. Wellness advice abounds on social media: warnings about “toxic foods”, assertions that parasites are ...The Guardian - Jan. 8 -
Biden: Biggest regret failing to counter misinformation, including from Trump
President Biden in an interview published Wednesday reflected on the highs and lows of his administration, stating his biggest regret was failing to challenge misinformation — including claims ...The 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 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - Jan. 6 -
British prime minister condemns 'lies and misinformation' after Musk attacks
British Prime Minister Keir Starmer condemned the “lies and misinformation” undermining the United Kingdom’s democracy and his record after Elon Musk’s continued attacks. Starmer was asked about a ...The Hill - 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 -
U.K. prime minister condemns "lies and misinformation" after attacks from Elon Musk
U.K. Prime Minister Keir Starmer is defending his record and several other European leaders are expressing concerns about Elon Musk's involvement in their domestic politics as Musk continues to ...CBS News - Jan. 6 -
Napolitano: Noem should answer how she’d protect FEMA from misinformation
Former Homeland Security Secretary Janet Napolitano said on Sunday that Kristi Noem, President-elect Trump’s pick to lead the Department of Homeland Security (DHS), should be able to say how she ...The Hill - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
UK leader Starmer slams 'lies and misinformation' after attacks from Elon Musk
British Prime Minister Keir Starmer has condemned “lies and misinformation” that he says are undermining U.K. democracyABC News - Jan. 6 -
Musk misinformed on grooming gangs, says minister
The Conservatives have also criticised the billionaire for "sharing things that are factually inaccurate".BBC News - Jan. 3 -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - Jan. 3 -
Musk is 'misjudged and certainly misinformed' over UK grooming attacks, says minister
A senior British minister has pushed back on Elon Musk’s criticism of the government's handling of a historic child grooming scandalABC News - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
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China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - 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