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News
CNW Newswire
2+ day, 17+ hour ago (200+ words) Insurers urge stronger action to reduce flood risk and protect Ontario communities IBC Calls for Urgent Action to Reduce Flood: Flooding is Canada's most frequent and costly natural disaster, and the trend is accelerating. Over the last 20 years, flood and…...
LA County Probing Farmers Insurance Over Wildfire Survivor Claims
3+ day, 6+ hour ago (470+ words) LOS ANGELES (CNS) - Los Angeles County is investigating Farmers Insurance Company's handling of insurance claims filed by policy holders affected by the January 2025 Eaton and Palisades Fires, officials announced Unfair Competition Law and ``follows growing complaints from residents about delays,…...
Tax hikes coming, say new reports - what it means for insurance professionals
1+ week, 3+ day ago (872+ words) Andy Burnham used his first Prime Minister's Questions on Tuesday to refuse, twice, to rule out raising taxes or borrowing more at next month's Budget. It came on the same day UK government borrowing costs hit their highest level since…...
Becerra, running for governor of California, faces a health insurance problem
2+ week, 6+ day ago (1141+ words) By the time Democrat Xavier Becerra left Washington, D.C., more Americans than ever had health insurance, owing partly to his work over the years to pass, defend, and expand the Affordable Care Act. It's an achievement the former congressman and U.S. secretary…...
California coalition urges lawmakers to reject Newsom wildfire plan over insurance costs
3+ week, 19+ hour ago (400+ words) The dispute is unfolding as California's wildfire liability fund is close to running out. A California alliance that includes fire survivors and consumer advocates is pushing back on Gov. Gavin Newsom's wildfire recovery reform proposal, which it says puts survivors…...
Gavin Newsom???s unfinished wildfire business
3+ week, 1+ day ago (1624+ words) By Noah BaustinJeremy B. WhiteCamille von Kaenel, SACRAMENTO, California — With just months left in office, Gavin Newsom is reopening one of California’s most bitter political fights. At the center of it is a question the state has struggled with for years:…...
Firefighters' income cover shrinks after claims outpace premiums
3+ week, 2+ day ago (807+ words) New Zealand's firefighters have long pointed to their union-run income protection scheme as one of the more generous group covers in the country. That scheme is now being repriced after claims outpaced premiums, and the changes taking effect on September…...
California Court Rules Policyholders Can Sue Excess Insurers Before Lower Coverage Exhausted
3+ week, 5+ day ago (304+ words) California’s Supreme Court issued a significant ruling clarifying when policyholders may pursue legal claims against excess insurers before the underlying layers of coverage have been fully exhausted. The case arose from a business dispute between the cofounders of Fox Paine…...