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The Latest Breaking News from Insurance

Breaking Live 5 publishers covering this story in the last 6 hours

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5h ago Alabama father and daughter feared arson before their $500,000 home burned down

All eyes are on State Farm’s next move as wildfires rip through Los Angeles

State Farm announced it would end coverage for 72,000 homes and apartments in the state earlier this year.

Fortune · Jan 11, 2025

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 · Jan 10, 2025

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 · Jan 10, 2025

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read the most diverse news in one place.

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 · Jan 10, 2025

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 · Jan 10, 2025

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 · Jan 10, 2025

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 · Jan 10, 2025

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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 · Jan 10, 2025

California Insurance Commissioner Calls For Home-Hardening Grants

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

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 · Jan 10, 2025

California Fair Plan Protected After Devastating Fires

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

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...

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 · Jan 10, 2025

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 · Jan 10, 2025

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Fortune · Jan 10, 2025

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.

Bored Panda · Jan 10, 2025

“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 · Jan 10, 2025

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 · Jan 10, 2025

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.

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Fortune · Jan 10, 2025

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

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

Fortune · Jan 10, 2025

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 · Jan 10, 2025

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

New rules allowed climate change consideration in premiums

Latin Times · Jan 9, 2025

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 · Jan 9, 2025

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 · Jan 9, 2025

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."

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.

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