Insurers balk at $19.7M claim on fake Basquiat paintings seized by FBI
Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel ...
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry ...
The Biggest Health Insurers in the U.S.
The largest health insurance company in the U.S., UnitedHealth Group, reported 2023 revenues of $371.6 billion. That makes it the fourth-largest company in the U.S. by revenue behind only Walmart, ...
Top three insurers reaped $7.3 billion through their drug middlemen's markups, FTC says
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ ...
California Home Insurers That Denied The Most Claims
Some of the biggest insurers in California had the highest number of national claim denials in 2023, according to Weiss ...
Will California insurance reforms be enough to stop insurers from leaving?
California Insurance Commissioner Ricardo Lara said new regulations will keep homeowners insured. Some of the new efforts ...
L.A. Fires Could Cost Insurers $30 Billion, According to New Forecast
Estimates of the losses to insurers from the Los Angeles wildfires increased as the blazes spread. Morningstar DBRS analysts ...
Hurricane horrors and continued premium increases: Insurers face skeptical lawmakers
Inflation — specifically rising home replacement costs — is emerging as the new culprit for why home insurance premiums ...
L.A.-based Farmers tops survey of big California home insurers that decline the most claims
Weiss Ratings issued a report alleging that Farmers Insurance and other California insurers reject nearly half of claims from ...
The little-known way some insurers try to stay ahead of wildfires
Insurers hire companies like Wildfire Defense Systems to protect structures. It's an attempt to blunt the economic impact of ...
Insurers seek to deny millions in claim over Basquiat ‘fakes’
The insurers of the artwork seized from Orlando Museum of Art in 2022 are seeking a legal ruling to avoid paying the owners ...
Wealthy Homeowners and Their Insurers Turn to Hired Help to Fight L.A. Wildfires
As fires have become more frequent and expensive for insurers, some have taken matters into their own hands by paying for ...