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The Latest Breaking News from Insurance

The Los Angeles wildfires are upending life for the city's workers. What bosses need to know

“Let people leave. That's the first thing.”

Fortune

California Homeowners Struggle As Insurance Companies Cancel Fire Policies

California homeowners face insurance crisis as insurers decline policies in high-risk wildfire areas, leaving many vulnerable.

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

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A Failed State

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

Reason

California Fires Update: Insurance Stocks Dive As Loss Estimates Double

The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.

Investors Business Daily

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

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.

AAP

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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.

Evening Standard

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

The Independent UK

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.

Latin Times

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.

Mic

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

Latin Times

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.

Fortune

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.

Barchart

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Investors Business Daily

California Wildfires: These Insurers Most Exposed, JPMorgan Estimates $10 Billion In Insured Losses

These insurers are most exposed, but damages should be "manageable" a JPMorgan analyst estimates.

Investors Business Daily

Stocks To Watch: Hanover Insurance Grp Sees RS Rating Rise To 81

Hanover Insurance Grp sees its Relative Strength Rating hit the 80-plus level.

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

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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.

Fortune

Mark Cuban once helped his college friend save almost $10,000 on prescriptions after a ‘horrific car accident’

Pharmacy benefit managers (PBMs) “invent all these special categories,” Cuban told Fortune’s Andrew Nusca. “They’re just pills.”

The Independent UK

How removing unpaid medical bills from credit reports could help consumers

Lenders soon won't be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans

The Independent UK

Oregon places new rules on homeowners living in certain high-risk wildfire areas

Oregon homeowners who live in certain high-risk wildfire areas defined by the state must now meet new building and so-called defensible space codes

Kiplinger

Do You Know the Power of Whole Life Insurance in Retirement?

Worried about legacy planning, market volatility or where to get cash to cover surprise medical or home repair bills? This little-known tool could help.

The National (Scotland)

Scottish Labour MPs challenged to 'stand up to Keir Starmer' on NIC tax hikes

THE SNP have challenged Scottish Labour MPs to “stand up to Keir Starmer” on the National Insurance tax hike...

The Independent UK

New Budget blow for Starmer as retailers warn of price hikes and job cuts

Retailers will be particularly hard hit by chancellor Rachel Reeves’s planned hike to employers’ national insurance

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