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As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 8h -
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 - 12h -
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 - 13h -
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 - 20h -
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 -
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 - 12h -
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 - 14h -
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 - 14h -
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 - 16h -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - 21h -
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 - 23h -
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 -
Are 1-gram or 1-ounce gold bars better to invest in now?
Both 1-gram and 1-ounce gold bars can be a smart investment, but one may be the better option in today's market.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 -
3 signs beginners should invest in gold in 2025
Not sure if a gold investment is right for your beginner portfolio right now? Here are three signs that it may be.CBS News - 2d -
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 -
‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - 2d -
3 gold price scenarios that could occur in 2025
Gold prices could rise, stay stable or drop in the new year — depending on key factors. Here's what to consider.CBS News - 3d -
3 big gold investing mistakes to avoid in 2025
A gold investment could help boost and protect your portfolio in 2025, assuming you avoid these three mistakes.CBS News - 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 -
Red Wings Prospects Star as USA Wins World Junior Gold
Team USA makes history with an overtime victory in a WJC gold medal game littered with Detroit prospectsYahoo Sports - 4d -
Ryan Seacrest spins ratings gold as new host of 'Wheel of Fortune'
Replacing a game show host isn't easy. But ratings are up for 'Wheel of Fortune' after Pat Sajak's departure.Los Angeles Times - 4d -
Freebird Finale: USA Wins Back-To-Back World Juniors Gold In OT Over Finland, Czechia Wins Bronze
USA cracked a brick wall in overtime to beat Finland and win their second-straight gold at the world juniors, while Czechia defeated Sweden for bronze. Here's what stood out.Yahoo Sports - 5d -
GB win gold at Bobsleigh World Cup
Great Britain win gold in the four-man event at the IBSF Bobsleigh World Cup in Winterberg, Germany.BBC News - 5d -
Detectorist unearths warrior's gold scabbard stud
Experts say the stud, found at a detecting rally, could be one of "less than a dozen in the country".BBC News - 6d -
Is liquid air the new gold in energy storage?
Pressure will be on to reduce costs significantly if liquid air is to become mainstreamFinancial Times - 6d -
UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn
Alternative network providers under pressure to demonstrate they can be profitable businesses not just buildersFinancial 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 - Jan. 3 -
Gold prices are climbing once again. What gold assets should I invest in now?
After weeks of price dips, the price of gold is on an upswing, so investing in certain assets could pay off.CBS News - Jan. 3 -
World's oldest living Olympic gold medalist Agnes Keleti dies at 103
Olympic champion Agnes Keleti, the world’s oldest living Olympic gold medallist died at the age of 103 on Thursday, the Hungarian Olympic Committee said.NBC News - Jan. 3 -
Why you should open a gold IRA for 2025
There are multiple reasons why a gold IRA could be worth opening this year. Here are three to know now.CBS News - Jan. 2 -
Agnes Keleti, oldest living Olympic gold medallist, dies at 103
Hungarian gymnast survived persecution of Jews in second world war and won five golds across two Games. The world’s oldest living Olympic gold medallist, the Hungarian gymnast Agnes Keleti, who ...The Guardian - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
The next gold rush is above us, not below us
The choice before us is clear: we can continue with business as usual and watch other nations take the lead in space, or we can unleash American enterprise to drive the next great economic expansion.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