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The Latest Breaking News from Insurance

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

New rules allowed climate change consideration in premiums

The Independent UK

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.

Latin Times

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’

The Independent UK

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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."

Fortune

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.

Top News

Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild

Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.

Fortune

A Failed State

Plus: Israeli hostage update, ultraprocessed childhoods, and more...

Reason

LA Wildfires Already Caused Over $50 Billion In Damages, Latest Estimate Shows

The damage estimate remains preliminary, as the flames continue to spread quickly. Many residents report they have no property insurance.

Latin Times

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AAP

Insurance threat issued to landlords amid tobacco war

Two stores have been torched in the latest attack in an illicit tobacco war, as police warn landlords to know who they are renting shops to.

Evening Standard

Food prices to rise by 4.2% this year amid increased costs, industry warns

The BRC said there was ‘little hope of prices going anywhere but up’ amid higher national insurance, National Living Wage and packaging costs.

The Independent UK

Stuntwoman-turned-attorney accused of staging car crashes to file fraudulent insurance claims

Vanessa Motta, 43, is one of eight people who’ve been indicted in the scheme by Department of Justice

Latin Times

UnitedHealthcare Interrupted Cancer Patient's Surgery to Demand Justification for Overnight Hospital Stay: 'Insurance Is Out of Control'

A surgeon shared her frustration after her patient's operation was interrupted by UnitedHealthcare's demand to justify the patient's overnight hospital stay.

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Mic

Obamacare Enrollment Soars to Historic Highs

Nearly 24 million Americans enrolled in Obamacare for 2025 marking a record high amid ongoing political debates about healthcare reform.

Latin Times

Los Angeles Woman Faces Wildfire To Protect Her Childhood Home After Fire Insurance Is Cancelled: 'Send Me To Jail'

Lynn Levin-Guzman said she snuck back to the area despite evacuation notices to save her parents' house

Fortune

How a hijacked truck drove Allstate's CIO into a career in tech

Allstate says AI is doing a lot of work for the insurer's employees, but decisions are still made by humans. But that relationship may flip as technologies advance.

Barchart

Aflac's Quarterly Earnings Preview: What You Need to Know

Aflac is gearing up to release its Q4 earnings report this month, and analysts expect a double-digit profit growth.

BANG Premier

'This is going to be a real test for me' Danny Dyer lands role in 'really mad concept' movie

'Football Factory' actor Danny has landed a new movie role in a "really mad concept" film, in which he is the only character, and as a result it required him to undergo "a very, very in-depth medical for insurance reasons."

The Independent UK

Why Georgia's latest push to curb lawsuits has business groups and trial lawyers at odds

Georgia Gov. Brian Kemp and other Republicans will push to limit lawsuits when the legislative session starts this month

Al Jazeera

China’s millionaires eye the exit as economic storm clouds gather

Some 15,200 Chinese millionaires were expected to relocate in 2024, according to Henley & Partners.

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