Insurance

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California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
Finance

California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion

By
January 18, 2025
Federal Trade Commission's Lina Khan speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.
Tech

Caught secretly selling car owners’ driving data, General Motors slapped with a hefty ban by Lina Khan’s FTC

By
January 17, 2025
Conny Kalcher
Features

How one of Europe’s largest insurers is trying to make waves with Gen Z

By
January 17, 2025
CEO of UnitedHealth Group sits in a blue suit testifying before Congress
Finance

UnitedHealth CEO calls out pharmaceutical companies for inflating prices in first earnings call since executive was murdered

By
January 16, 2025
A painting by Jean-Michel Basquiat hangs in an exhibit
Finance

Insurers deny $19.7 million claim for fake Basquiat paintings seized by the FBI. Owners argue they should still pay for failing to verify authenticity

By Mike Schneider and The Associated Press
January 16, 2025
A traffic sign submerged in floodwater after Hurricane Delta made landfall in Louisiana.
Commentary

Climate disasters hit Black communities disproportionately hard. ‘Bluelining’ doesn’t help

By
January 16, 2025
FTC Chair Lina Khan
Health

UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged some cancer patients for drugs by over 1,000%

By
January 15, 2025
What this tech founder wishes he knew when his house burned down: ‘Time is the most valuable thing’
Personal Finance

What this tech founder wishes he knew when his house burned down: ‘Time is the most valuable thing’

By
January 15, 2025
Pregnant woman working from home office.
Personal Finance

Will you be ready when disaster strikes? How to inventory your property for insurance claims

By
January 15, 2025
Homeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry
Personal Finance

Homeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry

By
January 13, 2025
An investor who spent $27 million on a mansion that burned down on ‘Billionaire’s Beach’ only expects $3 million from insurance 
Environment

An investor who spent $27 million on a mansion that burned down on ‘Billionaire’s Beach’ only expects $3 million from insurance 

By
January 13, 2025
A scene of burned houses and vehicles in the Pacific Palisades neighborhood on Jan. 8, 2025.
Environment

Just before wildfires hit, California told insurers to cover homes in risky areas. In return, they can pass on a key cost to customers

By
January 12, 2025
Three-fourths of homeowners may not have enough insurance to fully cover losses after a disaster, study says  
Environment

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

By
January 11, 2025
All eyes are on State Farm’s next move as wildfires rip apart Los Angeles
Politics

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

By
January 11, 2025
LA’s wildfires will make the housing shortage worse. Realtors are banding together to help displaced residents find homes
Personal Finance

LA’s wildfires will make the housing shortage worse. Realtors are banding together to help displaced residents find homes

By
January 10, 2025

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