Latest in Insurance Failing Homeowners
Sort by
80 items
-
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 - 1d -
Which recent films failed at the name game?
Here's a rundown of some of this season's more well-wrought movie titles — along with a few missed opportunities.Los Angeles Times - 2d -
Democrats fail to land decisive blow against Hegseth
Democrats on the Senate Armed Services Committee failed to land a decisive blow against Pete Hegseth, President-elect Trump’s nominee to serve as secretary of Defense, after several hours of tense ...The Hill - 17h -
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 - 1d -
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 - 1d -
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. - 2d -
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 - 2d -
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 - 3d -
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 - 4d -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 4d -
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 - 4d -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 5d -
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 - 5d -
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 - 5d -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - 6d -
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 -
Pete Hegseth fails to embody military professionalism
How does the time when I, a U.S. Navy veteran, roleplayed as a nuclear terrorist relate to Hegseth’s candidacy for secretary of Defense? Let me explain.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 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - 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 -
New Orleans attack victim’s fiancee condemns city over security failings
Heather Genusa, engaged to Brandon Taylor, calls decision not to place barriers on Bourbon Street ‘a horrible disgrace’. A woman who saw her fiance get run over and killed alongside 13 other ...The Guardian - Jan. 6 -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - Jan. 6 -
Truck-ramming suspect used wrong device in failed detonation of IEDs: Officials
The suspect in the deadly New Year's Day truck ramming attack in New Orleans made two previous trips to the city in October and November 2024, the FBI said.ABC News - Jan. 5 -
Austrian Chancellor says he will resign after new government talks fail
Austrian Chancellor Karl Nehammer said Saturday he will resign in the coming days.CBS News - Jan. 4 -
Carville reflects on failed prediction that Harris would defeat Trump: 'Very depressing'
Democratic political strategist James Carville, who has been openly critical of the Harris campaign since Democrats' 2024 election losses, reflected on his failed prediction that Vice President ...The Hill - Jan. 4 -
South Korea Fails to Detain Impeached President in Standoff at His Home
Blocked by bodyguards, officials retreated after several hours without serving a court warrant to hold President Yoon Suk Yeol for questioning on insurrection charges.The New York Times - Jan. 4 -
Johnson initially fails to secure speakership on first ballot
Two House Republicans joined Rep. Thomas Massie in opposing Johnson for speaker on the floor.Politico - Jan. 3 -
South Korean officials fail to detain impeached president
South Korean officials left the home of impeached President Yoon Suk Yeol without him after a near-six-hour standoff. Yuna Ku with BBC News, a CBS News partner, has more.CBS News - Jan. 3 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - 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