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The Latest Breaking News from Insurance

What You Need to Know Ahead of Allstate's Earnings Release

Insurance giant Allstate is set to unveil its fiscal 2024 results in the upcoming month and analysts expect a massive surge in annual earnings.

Barchart

What Happens When Both Drivers Are at Fault in a Rideshare Accident?

Rideshare accidents often create unique legal and insurance challenges, particularly when responsibility for the collision is shared between both drivers.

USA Today Sports Media Group

More insurance pain possible following LA fires

Insurance premiums are already rising in Australia and destructive fires in the United States may help keep costs high.

AAP

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California homeowners could be on the hook for $1,000 or higher surcharge if FAIR Plan runs dry

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, said last year.

Fortune

California's Insurance Regulation Fixes Came Too Little, Too Late

Decades-old, voter-approved restrictions on insurers raising premiums have created a regulatory disaster to match the natural one.

Reason

An investor who spent $27 million on a mansion that burned down on 'Billionaire's Beach' only expects $3 million from insurance

Real estate investor Robert Rivani was planning to list the five-bedroom Malibu mansion this spring for $40 million.

Fortune

Tyler Perry blasts 'appalling' and 'greedy' insurance companies for cancelling policies before LA fires

Several companies have reportedly stopped policies for high-value homes with higher wildfire risk

Evening Standard

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Thousands of Californians Uninsured: What Happens When Wildfires Destroy Their Homes?

Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.

International Business Times UK

Be right on the money: four ways to fix your finances in 2025

After a few years of financial shocks, our expert explains what to do now ensure your money is fit for the future

The Guardian - UK

‘We’re Still Marching Steadily Towards an Uninsurable Future’

It's likely California's homeowners will be on the hook when L.A.'s wildfire losses are added up, predicts former state insurance commissioner Dave Jones.

Capital & Main

Texas AG Sues Allstate For Illegal Data Collection

Texas AG sues Allstate for illegally collecting driving data from 45 million Americans. Allegations include data sale and insurance rate hikes.

Top News

California Woman Loses Home To Palisades Fire

Residents in western Los Angeles face challenges post-Palisades Fire, highlighting insurance issues and need for better protection.

Top News

Tell us about the financial consequences you are facing due to the California fires

We’d like to hear about the disaster’s financial impact on people who have lost their home, business, or community – their mortgages, lost possessions, rents, insurances and investments

The Guardian - UK

Candice Miller 'Is Weirdly Okay' After Husband's Suicide, Receives $15M Life Insurance

Candice Miller has moved from her Manhattan mansion to a Miami Beach, Florida, in the aftermath of real estate mongul Brandon Miller's suicide.

International Business Times UK

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Barchart

Earnings Preview: What to Expect From Chubb's Report

Chubb is scheduled to release its fiscal fourth-quarter earnings this month, and analysts project a double-digit profit decline.

The Independent UK

Angela Rayner warned new workers’ rights plan could prompt ‘ugly rush’ to sack staff

Labour chancellor Rachel Reeves also accused of undermining business confidence and trust with surprise national insurance hike in the Budget

Kiplinger

How to Organize Your Financial Life (and Paperwork)

To simplify the future for yourself and your heirs, put a financial contingency plan in place. The peace of mind you'll get is well worth the effort.

BANG Premier

Tyler Perry slams 'greedy' insurance companies over wildfires

Hollywood moviemaker Tyler Perry has called out insurance companies for cancelling "millions" of policies prior to the wildfires which have devastated southern California - branding the move "pure greed" and vowing to do all he can to help those affected.

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Livingetc

How to Hire the Right Moving Company — Here's What You Should Consider and How Much It Will Cost You

Professionals share their some advice on what to consider when hiring a company to help you move successfully to your new space

The Guardian - UK

Tax rises will push business leaders to cut costs and hiring, surveys show

Deloitte and BDO data underlines sharpest fall in employment expectations since Covid pandemic

Top News

Wildfire Survivors Urged To Contact Insurers For Evacuation Cost Reimbursement

Learn about insurance options and challenges for wildfire survivors in California. Consumer Watchdog offers guidance on navigating insurance claims and pol...

Fortune

Private firefighters don’t just serve the rich and famous. Here’s who else hires them

For-hire firefighting services also work for government agencies and insurance companies.

Fortune

Just before wildfires hit, California told insurers to cover homes in risky areas—in exchange for passing on more costs

Insurers can incorporate reinsurance costs in their calculations for what they will charge consumers.

Kiplinger

Average Cost of Health Care by Age and US State

Expect to pay more as you age and in some locations. We've got solutions for how to cover these costs, which can exceed $1,000 per month in your 60s.

Top News

Family Loses Home, Daughter's Ashes In Palisades Fire

Giorgi and Leonardo Antinori face loss in Palisades fire, lacking insurance. Community support aids recovery.

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