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The Latest Breaking News from Insurance

Devastating LA Fires Expected To Push Up Insurance Premiums

The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit California, according to experts, who expect premiums to rise in a region already abandoned by many insurers.

International Business Times

LA nurse defies evacuation orders to protect her home from looters: ‘Nothing here is good’

‘No one’s here securing the homes, so these criminals are coming and breaking in,’ the veteran caregiver told The Independent

The Independent UK

Two families lost their homes to the LA wildfires: One isn’t sure if it can or should rebuild, while another is already planning to

A family in Altadena doesn’t know how much insurance will cover. Another one in Pacific Palisades has contacted a builder.

Fortune

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California bars insurers from dropping fire victims until 2026. What to know

As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners

The Independent UK

The best way to claim insurance if you lost your home or business in the Los Angeles wildfires

'When filing your claim, time is of the essence.'

Fortune

Insurers Could Face $20 Billion In Loses From California Wildfires, Double Original Estimates

The blazes, which have killed at least 10 people, are scorching some of the most expensive communities in the United States, home to movie stars' multi-million mansions

International Business Times

How much the Browns can collect in insurance money if Deshaun Watson misses all of 2025

The Browns have Watson's contract insured. What does it mean now that he's re-ruptured his achilles?

USA Today Sports Media Group

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California Insurance Commissioner Calls For Home-Hardening Grants

California's Insurance Commissioner advocates for home-hardening grants to enhance wildfire resilience and protect communities.

Top News

Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine

The Independent UK

California Fair Plan Protected After Devastating Fires

California Insurance Commissioner Ricardo Lara ensures Fair Plan's stability post-fires, offers support to affected residents.

Top News

California Insurance Commissioner Halts Fire Insurance Cancelations For One Year

California Insurance Commissioner Ricardo Lara implements one-year moratorium on fire insurance policy cancelations to support homeowners affected by recen...

Top News

After the fire, the insurance battles: LA victims’ ordeal may just be beginning

‘Now we have to make sure there’s not a second, financial tragedy that follows the physical catastrophe,’ says consumer advocate

The Guardian - US

Legal fight over €2.5bn worth of aircraft stuck in Russia plays out in Dublin

World’s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasion

The Guardian - UK

Los Angeles fires expose insurance shortcomings. Could startups do better?

The once hot insuretech sector fell out of favor a few years ago. Given the scope of the current disaster though, it's not clear what role the VC-backed startups could have played.

Fortune

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Bored Panda

“Timestamped Pictures”: 50 Random Things People Did That Really Saved Them Later

Someone asked “What’s something you did just to be safe that ended up saving your [butt] later?” and people shared their best stories. The post “Timestamped Pictures”: 50 Random Things People Did That Really Saved Them Later first appeared on Bored Panda.

StockNews.com

3 Insurance Stocks Offering Safety and Growth

The insurance sector is experiencing significant growth driven by robust economic activity, increasing asset values, and rising healthcare expenses. As a result, investing in solid insurance stocks like ProAssurance (PRA), Tiptree (TIPT), and Donegal Group (DGICA) may offer a smart opportunity for investors seeking both stability and long-term growth. Read…

Kiplinger

All About Six Types of Auto Insurance Coverage

Do you know what your auto insurance policy covers? Here's a primer on some coverage categories, along with examples of how each type of coverage works.

Fortune

The end of climate stability is the end of the insurance market

Also: Tesla board must return compensation, Quantum computing stocks take big hit.

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Fortune

What is mortgage insurance? Here’s what you need to know

This extra fee protects your lender in case of an emergency, but it can be removed over time.

The Independent UK

The LA wildfires will cause chaos for California’s home insurance market

New rules allowed climate change consideration in premiums

Latin Times

Virginia Woman Forced to Raise Money for Prosthetic Hand After Insurance Refuses to Cover It Despite Doctor Recommendation

Elisabeth Foley, a Virginia mother who lost her hand in a shark attack, is turning to crowdfunding after her insurance company denied coverage for a $73,000 prosthetic her doctors recommended.

The Independent UK

California is in a home-insurance crisis. The Pacific Palisades fire will only make it worse

‘We need to make it incredibly expensive to build in these kinds of environments,’ one expert told The Independent. ‘If the insurance industry refuses to sell policies, maybe people won’t risk it’

Fortune

Inside the 'chaos' of California's wildfires: How two families scrambled to escape their dream homes

"Hopefully a year from now, I can say, yeah, it was horrible and painful, but the insurance companies paid what they what the policies said they were going to pay."

Top News

California Insurance Commissioner Urges Residents To Prepare For Wildfires

Learn about California's insurance crisis amid wildfires, steps for expedited claims, and reforms for coverage in high-risk areas.

The Conversation

Women spend more of their money on health care than men. And no, it’s not just about ‘women’s issues’

Medicare, Australia’s universal health insurance scheme, guarantees all Australians access to a wide range of health and hospital services at low or no cost.

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