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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
FinanceCalifornia’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
By Jason MaJanuary 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.
TechCaught secretly selling car owners’ driving data, General Motors slapped with a hefty ban by Lina Khan’s FTC
By Christiaan HetznerJanuary 17, 2025
Conny Kalcher
FeaturesHow one of Europe’s largest insurers is trying to make waves with Gen Z
By Prarthana PrakashJanuary 17, 2025
CEO of UnitedHealth Group sits in a blue suit testifying before Congress
FinanceUnitedHealth CEO calls out pharmaceutical companies for inflating prices in first earnings call since executive was murdered
By Hallie SteinerJanuary 16, 2025
A painting by Jean-Michel Basquiat hangs in an exhibit
FinanceInsurers 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 PressJanuary 16, 2025
A traffic sign submerged in floodwater after Hurricane Delta made landfall in Louisiana.
CommentaryClimate disasters hit Black communities disproportionately hard. ‘Bluelining’ doesn’t help
By Jerel EzellJanuary 16, 2025
FTC Chair Lina Khan
HealthUnitedHealth, employer of slain exec Brian Thompson, found to have overcharged some cancer patients for drugs by over 1,000%
By Christiaan HetznerJanuary 15, 2025
What this tech founder wishes he knew when his house burned down: ‘Time is the most valuable thing’
Personal FinanceWhat this tech founder wishes he knew when his house burned down: ‘Time is the most valuable thing’
By Alicia AdamczykJanuary 15, 2025
Pregnant woman working from home office.
Personal FinanceWill you be ready when disaster strikes? How to inventory your property for insurance claims
By Cassie BottorffJanuary 15, 2025
Homeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry
Personal FinanceHomeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry
By Alicia AdamczykJanuary 13, 2025
An investor who spent $27 million on a mansion that burned down on ‘Billionaire’s Beach’ only expects $3 million from insurance 
EnvironmentAn investor who spent $27 million on a mansion that burned down on ‘Billionaire’s Beach’ only expects $3 million from insurance 
By Jason MaJanuary 13, 2025
A scene of burned houses and vehicles in the Pacific Palisades neighborhood on Jan. 8, 2025.
EnvironmentJust before wildfires hit, California told insurers to cover homes in risky areas. In return, they can pass on a key cost to customers
By Jason MaJanuary 12, 2025
Three-fourths of homeowners may not have enough insurance to fully cover losses after a disaster, study says  
EnvironmentThree-fourths of homeowners may not have enough insurance to fully cover losses after a disaster, study says  
By Jason MaJanuary 11, 2025
All eyes are on State Farm’s next move as wildfires rip apart Los Angeles
PoliticsAll eyes are on State Farm’s next move as wildfires rip apart Los Angeles
By Marco Quiroz-GutierrezJanuary 11, 2025
LA’s wildfires will make the housing shortage worse. Realtors are banding together to help displaced residents find homes
Personal FinanceLA’s wildfires will make the housing shortage worse. Realtors are banding together to help displaced residents find homes
By Alicia AdamczykJanuary 10, 2025
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California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contractsplaceholder alt text
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