Latest in Insurance People California
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More people in late 20s still living with parents
The rising cost of buying or renting home has led more to remain in the family home, a think-tank says.BBC News - 4h -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 4h -
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 - 8h -
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 - 9h -
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 - 16h -
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 - 1d -
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 -
Redick: Lakers want to play, 'give people hope'
Lakers coach JJ Redick says he hopes Saturday's game against the Spurs will be played as scheduled, giving the people of Los Angeles 'hope' in the wake of recent wildfires.ESPN - 2h -
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 - 8h -
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 - 8h -
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 - 10h -
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 - 10h -
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 - 12h -
‘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 - 14h -
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 - 19h -
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 -
California Sen. Alex Padilla says protecting California "shouldn't be a political conversation"
Democratic Sen. Alex Padilla of California joins "America Decides" to discuss the devastating wildfires ravaging the Los Angeles area. He also addresses President-elect Donald Trump's criticisms of ...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 -
At least 5 people killed in California's Eaton Fire
The Eaton Fire, which is burning in and around Pasadena, California, has killed at least five people, officials say. Firefighters are working around the clock to battle the fire, which has been ...CBS News - 1d -
People smugglers to have finances targeted with new sanctions
The planned measures will target the finances of illegal smuggling networks, the Home Office says.BBC 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 - 2d -
Wildfires in Southern California
Plus, we explain why Facebook is getting rid of fact-checking.The New York Times - 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 -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 2d -
Dangerous winds fueling California wildfires
NBC News' Chase Cain reports on the heavy smoke seen over Pacific Palisades, Calif., while meteorologist Bill Karins details the path of the strong winds.NBC News - 3d -
Does Dry January Really Make People Healthier?
Abstaining from alcohol can have immediate benefits. But lasting gains require lasting change.Wired - 3d -
How the Islamic State Radicalizes People Today
A man who pledged allegiance to the terrorist group carried out a deadly attack in New Orleans on New Year’s Day.The New York Times - 4d -
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 -
The battle for working people
Laura Loomer makes an important point about supporting American workers in the face of global competitionFinancial Times - 4d -
The Power of Service: How Volunteering Transforms People and Organizations
Volunteering and acts of service strengthen teams and organizations by fostering empathy in a divided world.Inc. - 5d -
Tornado Confirmed in Northern California
A warning covering an area with about 2,200 residents told people to take shelter because flying debris was expected.The New York Times - Jan. 4 -
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 -
Suspected people smugglers face phone and travel ban
The stronger powers are needed to tackle "vile gang networks", the home secretary says.BBC News - Jan. 2 -
Twelve people killed in Montenegro shooting spree
A man kills 12 people including two children, reportedly after an argument in a restaurant.BBC News - Jan. 2 -
Tens of thousands of people in Istanbul protest Gaza war
Tens of thousands of people have gathered on Istanbul’s Galata Bridge on New Year’s Day to express solidarity with Palestinians in GazaABC News - 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