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California Incinerated Its Insurance Market
Bill meant to help stabilize California insurance market has support. When could it pass?
A bill meant to help stabilize California’s troubled insurance market has key early support as wildfires continue to cause devastation in and around Los Angeles.
How LA Wildfires Torched California’s Insurance Market
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is certain to total in the tens of billions of dollars.
Will California insurance reforms be enough to stop insurers from leaving?
California Insurance Commissioner Ricardo Lara said new regulations will keep homeowners insured. Some of the new efforts give insurance companies more leeway in raising rates, while allowing them to use computer modeling to forecast risk and to incorporate their own “reinsurance” costs from backup providers in setting future premiums.
4h
on MSN
UnitedHealth stock slides as earnings highlight health insurance challenge
UnitedHealth Group shares have lost more than $63 billion in value since the murder of UnitedHealth CEO Brian Thompson in ...
20h
on MSN
These home insurance companies denied the most claims
A Los Angeles Times report on three of the largest home insurance companies in California and found that affiliates of ...
4h
Bill Burr Calls Out Insurance Companies Over LA Fires—'Free Luigi!'
Comedian Bill Burr called for Luigi Mangione, who allegedly killed United Healthcare CEO Brian Thompson, to be freed from jail.
1d
on MSN
Altadena couple whose home burnt down among thousands dropped by insurance before wildfires
The Eaton Fire that tore through Altadena, California, turned the home of Jeff and Jennifer Cohen into a shell of what it ...
1d
on MSN
Here's where insurance companies see the most risk for disasters
In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.
20h
California Adds More ZIP Codes to Insurance-Cancellation Ban
California sought to protect more Los Angeles-area homeowners from potentially losing their home-insurance policies as ...
1d
California’s Insurance System Faces Crucial Test as Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that ...
3h
on MSN
UnitedHealth's quarterly revenue misses on weakness in insurance unit
UnitedHealth's fourth-quarter revenue missed Wall Street estimates on weakness in its health insurance business and the ...
3d
Why car insurance prices are rising so much even though inflation is cooling
Policies were close to 13% more expensive in November compared to a year earlier, according to the Consumer Price Index.
1d
Insurance for natural disasters is failing homeowners − I don’t have the answers, but I do know the right questions to ask
What are the goals of the insurance? Who is being insured? And how are policyholders and their risks classified?
4h
Indiana lawmakers contemplate slashing unemployment insurance timespan
Discussion on possible unemployment insurance cuts — and other legislation — revealed differences in opinion and didn't end ...
TheCable
3d
Lagos to host two-day workshop on water infrastructure
The Lagos state government through its Resilience Office (LASRO) will host a water risk and insurance workshop ...
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