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Insurance

‘Weary’ storm-battered Fla. town awaits new hurricane season

by Milton Acorn
‘Weary’ storm-battered Fla. town awaits new hurricane season

By Dorany Pineda and Rebecca Blackwell | Associated Press HORSESHOE BEACH, Fla. — Lisa Bregenzer’s waterfront home was her “little slice of heaven.” She watched sunsets and migrating birds from …

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Categories Science

Extreme heat events caused more than $7.7 billion in hidden costs, report finds

by Milton Acorn
Extreme heat events caused more than .7 billion in hidden costs, report finds

How much do heatwaves cost? The hidden costs of extreme heat — from lost productivity to healthcare for heat-related illnesses — totaled more than $7.7 billion over the last decade, …

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Categories Science

State Farm seeks ‘massive’ insurance rate hike for California homeowners

by Abhishek soni
State Farm seeks ‘massive’ insurance rate hike for California homeowners

Yet again, State Farm is seeking to raise California homeowners’ insurance premiums — this time by an average of 30%. The insurance giant, the largest provider in the state, is …

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Categories Lifestyle

Haridwar flood: Watch: Floodwaters in Haridwar sweep away Hyundai Venue, Brezza, Innova Crysta, video goes viral |

by Adesola Mojo
Haridwar flood: Watch: Floodwaters in Haridwar sweep away Hyundai Venue, Brezza, Innova Crysta, video goes viral |

Heavy rainfall on Saturday caused the Sukhi River to overflow in Haridwar, leading to submerged roads and vehicles being swept away by the floodwaters. Bystanders and locals recorded videos of …

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Categories Automobile

Nonprofit’s $500 ‘defensible space’ grants help cut residents’ insurance costs

by Ev Richard
Nonprofit’s 0 ‘defensible space’ grants help cut residents’ insurance costs

PARADISE — The letter from the insurance company arrived just before Brian and Morgan Gobba finally finished construction on their new house: Their homeowner’s policy was being canceled. The Gobbas …

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Categories Technology

Wildfire threats make utility companies uninsurable in Northern California, across West

by Milton Acorn
Wildfire threats make utility companies uninsurable in Northern California, across West

By Mark Chediak | Bloomberg Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California …

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Categories Science

Higher premiums leave fewer dollars for mortgage payments

by Abhishek soni
Higher premiums leave fewer dollars for mortgage payments

By Nadia Lopez and Paige Smith | Bloomberg California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges …

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Categories Lifestyle

Michigan insurer plans to drop coverage for weight loss drugs

by Shawn Butlere
Michigan insurer plans to drop coverage for weight loss drugs

(NewsNation) — As weight loss drugs like Ozempic and Wegozy are soaring in popularity, some insurers are looking to drop the medications, possibly costing patients thousands in out-of-pocket expenses. Blue …

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Categories Health

US health care costs expected to hit $8 trillion in 10 years: Report

by Shawn Butlere
US health care costs expected to hit  trillion in 10 years: Report

(NewsNation) — Annual health care spending in the U.S. is projected to reach $7.7 trillion by 2032, according to new federal actuaries projections, marking a $2.9 trillion increase from last year. …

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Categories Health

Here’s where California could push insurers to cover more fire-risk homes

by Abhishek soni
Here’s where California could push insurers to cover more fire-risk homes

Struggling to find affordable homeowner’s insurance because you live in a fire-prone area? A new proposal by state regulators could soon make it much easier to get coverage. But consumer …

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Categories Lifestyle
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