Chuck Schumer is 'indirectly' benefiting from this deficit, says CEO
'Open the Books' CEO John Hart gives his take on Elon Musk and Senate Minority Leader Chuck Schumer's, D-N.Y., social media fight on 'The Evening Edit.'
NAIC president highlights the importance of resiliency in insurance industry
NAIC President Jon Godfread on the priorities for the insurance commissioners spring meeting, California's insurance market, the importance of resiliency, and health insurance regulation.
'Shameful': AARP's partnership with healthcare giant faces backlash amid recent controversies
AARP is facing scrutiny over its partnership with UnitedHealthcare, which critics say is not looking out for the best interests of seniors and instead lining its pockets.
State Farm executive fired over comments on premium hikes after California wildfires
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.
Americans' insurance rates are soaring and lawsuits play a significant role
Home and auto insurance premiums have been soaring in the U.S. for years, and it is not just because of inflation and greater losses from natural disasters.
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
Car insurance rates soared in 2024; drivers in these states pay the most
Auto insurance premiums climbed 15% nationwide in 2024, but some drivers are feeling the pain more than others, depending on the state where they live.
Will hurricanes and wildfires cause insurance prices to rise nationwide?
The latest California wildfires and Florida hurricanes are sparking concerns that the natural disasters will cause insurance rates to spike across the country. Here's how the industry works.
UnitedHealthcare announces new CEO after killing of Brian Thompson
UnitedHealth Group named Tim Noel the new CEO of the company's insurance division, UnitedHealthcare, after the targeted killing of former CEO Brian Thompson.
State Farm drops Super Bowl ad plans after wildfires
State Farm has decided not to air an advertisement during Super Bowl LIX. The company said it is focusing on "providing support to the people of Los Angeles" affected by the wildfires.
UnitedHealth Group aims to get back to business after CEO murder
UnitedHealth Group CEO Andrew Witty told analysts that the company is positioned well for growth in 2025. This comes just a month after the CEO of its insurance unit was murdered.
West Coast will have ‘long-term’ insurance challenges in wake of fire destruction
Green Shield Risk Solutions founder and CEO Patrick Blandford joins ‘Varney & Co.’ to discuss the future of insurance in California after wildfires tore through parts of the state.
California's homeowners insurance industry faces rough road ahead as wildfires continue
The wildfires in California are causing insurance companies to pull policies when homeowners need them most.
California wildfires: does your car insurance protect you from fire damage?
Countless vehicles have been burned and will be total losses due to to the California wildfires, and whether or not they are covered depends on the owner's insurance policy.
Which insurance companies have the most exposure in California?
Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."
California wildfires: Insured losses could top $30B, Wells Fargo analysis finds
Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.
Insurance crisis will 'ripple outside of California and affect every state,' expert warns
CRMBC CEO Kaya Stanley explains the impact of the California wildfires on insurance costs and warns how the crisis could affect other states.
California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
California fires: VP Harris called out over claim about canceled insurance
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false."
How does California rebuild after wildfires? Government 'has to step up,' Mauricio Umansky says
The Agency founder and CEO Mauricio Umansky criticizes state leadership and high homeowner costs, but provides some 'optimism' about rebuilding California in the wake of devastating wildfires.