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The Latest Breaking News from Insurance

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

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

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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

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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

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.

Barchart

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

The Independent UK

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.

Kiplinger

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.

BANG Premier

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

Livingetc

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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.

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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.

Fortune

Three-fourths of homeowners may not have enough insurance to fully cover losses after a disaster, study says

"When consumers focus on premiums rather than coverage limits, insurers have a very natural incentive to cut prices by offering less insurance."

Fortune

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.

International Business Times

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.

The Independent UK

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

Fortune

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.

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