Latest in Insurance Crisis Wildfires
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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 - 8h -
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 - 10h -
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 - 16h -
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 - 2h -
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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 - 14h -
YMCA helps Virginia residents enduring water crisis
Residents in Richmond, Virginia, are still without running water after a storm knocked out power at a treatment facility. Jody Alexander, the president of the YMCA of Greater Richmond, joins CBS ...CBS News - 16h -
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 - 16h -
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Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 20h -
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 - 21h -
Will Trump's presidency help ceasefire negotiations and humanitarian crisis in Gaza?
The bodies of two Israeli hostages, believed to be a father and son, have been found, though officials are still working to confirm their identities. The discovery comes as families of hostages in ...NBC News - 1d -
New Caledonia Congress elects pro-France president after political crisis
New leader Alcide Ponga says people want a ‘signal of hope’ after turmoil in the French Pacific territory . Weeks after its first ever pro-independence government collapsed, New Caledonia has named ...The Guardian - 1d -
Massachusetts law aims to prevent repeat of Steward Health Care crisis
The law is intended to prevent the financial maneuvers Steward used to siphon money away from direct patient care.CBS News - 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 - 1d -
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 -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 2d -
‘Trump Is at His Absolute Worst in a Crisis’: Three Columnists Imagine the World Ahead
What are the biggest challenges and opportunities facing Trump and his team in foreign policy and national security?The New York Times - 2d -
The Papers: 'Meta reins in fact-checking' and A&E 'flu crisis'
A change in moderation policy by the owner of Facebook and pressures on the NHS lead the papers.BBC News - 2d -
Disaster by the Numbers: The Crisis in Sudan
The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.The New York Times - 2d -
Shortage of foster carers causing ‘very real’ UK crisis, Barnardo’s warns
Charity calls on government to launch national campaign amid rise in number of children entering care homes. ‘We’re very glad we’ve done it’: the Liverpool couple who fostered more than 40 ...The Guardian - 3d -
Better resilience is solution to child mental health crisis, experts say
The surge in mental health referrals among young people has prompted debate among experts about the cause - and the most effective solutionBBC News - 3d -
5 things to know about Canada's political crisis
Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal Party, which has dominated its politics for decades, ...The Hill - 3d -
Moldova blames Russia for energy crisis in breakaway region
People of Transnistria forced to chop wood to heat homes after gas transit deal via Ukraine expiresFinancial Times - 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 - 3d -
Climate crisis ‘wreaking havoc’ on Earth’s water cycle, report finds
Global heating is supercharging storms, floods and droughts, affecting entire ecosystems and billions of people. The climate crisis is “wreaking havoc” on the planet’s water cycle, with ferocious ...The Guardian - 4d -
South Korea crisis mounts as clock ticks on arrest warrant for president
Anti-corruption agency taps police to bring Yoon Suk Yeol into custody following stand-off on FridayFinancial Times - 4d -
The Pittsburgh Steelers Have an Identity Crisis
The Steelers aren’t who they think they are. They must realize it before it’s too late, a columnist for The Athletic writes.The New York Times - 4d -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - 4d -
The New Year’s Test for Turo: How to Avoid Becoming Crisis Collateral
What to do when your brand is snared by a disaster of someone else’s making.Inc. - 5d -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - 6d -
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 - 6d -
What America should learn from South Korea’s democratic crisis
Any “us vs. them” dynamic can be dangerous for democracy. But when that divide centers on mutually exclusive visions of a nation, the effects are uniquely detrimental.The Hill - 6d -
Streeting denies government is delaying tackling UK social care crisis
Veteran Whitehall troubleshooter Louise Casey to lead review into one of the country’s most intractable political problemsFinancial Times - Jan. 3 -
Mikel Arteta battles injury crisis amid Arsenal’s crammed January schedule
Gunners must negotiate nine matches this month but manager says squad is one of the ‘thinnest’ in the top flight. It was at this stage of last season that Arsenal took the opportunity to decamp to ...The Guardian - Jan. 2 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
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Former Hostages in Iran Crisis Recall Jimmy Carter’s Quest to Free Them
The Iran hostage crisis became a symbol of a failed presidency, but for some of those who lived it, Jimmy Carter was the one who brought them home at the expense of his political career.The New York 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