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California's 'Regulatory Failure' Blamed for Wildfire Insurance Disaster
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy Wallace told Newsweek.
California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis.
Best's Commentary: Wildfires Intensify Troubles in California's Property Insurance Market
In a new commentary, AM Best notes that policyholders in California had increasingly turned to the state's insurer of last resort and nonadmitted market for homeowners' coverage prior to the wildfires due to reduced availability from primary insurers.
10h
Understanding Life Insurance: How To Avoid Costly Mistakes
Life insurance is one of the most powerful financial tools available, yet many people misunderstand its benefits, costs, and ...
14h
on MSN
Tariffs Could Lead to Higher Insurance Prices for U.S. Consumers, Businesses
Americans don’t import insurance from Canada, Mexico or China, but it could nonetheless get more expensive for consumers and ...
14h
Do you have Progressive insurance? You could be eligible for up to $5K from a settlement.
As many as 350,000 people could be eligible for a settlement after Progressive Casualty Insurance Company agreed to end a ...
1d
on MSN
Los Angeles wildfire victims' rebuilding options vary wildly among neighbors due to insurance crisis
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.
16h
Where Insurance Premiums Are Rising Across US
In 2024, there were 27 individual weather and climate disasters with at least $1 billion in damages, according to NOAA.
11h
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
The post Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims appeared first ...
17m
on MSN
New legislation to lower insurance rates coming
Among other factors, officials say the past few hurricane seasons have really taken a toll on the insurance marketplace in Louisiana.
STAT
1d
We are all complicit in the big lie of health insurance
Insurers deliver the deception we seek — by promising to pay for ‘medically necessary’ care and telling us nothing about ...
1d
on MSN
What to know about home insurance coverage after a major natural disaster
It’s one thing to fix your home after something basic has gone wrong, but it’s a different beast to rebuild and recover after ...
11h
Healey is promising businesses relief on costly unemployment insurance. Don’t count on it.
Governor Maura Healey last month promised business leaders that she’d work to overhaul the money pit that is the state’s ...
7h
Nearly 40% of restaurant owners lack business insurance coverage for extreme weather
NEXT shares findings from its survey of 1,500 restaurant owners across the U.S. about their weather-related preparedness and ...
Zawya
18h
Global risk and energy experts gather in Dubai for Marsh’s biennial Energy Industry Conference
Founded in 2007, this year’s Energy Industry Conference features senior speakers from ADNOC, ACWA Power, Qamar Energy, EDF ...
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