insurance

State Farm wants to hike insurance premiums in California to help pay for LA wildfire damage.Insurance affordability has deteriorated with intensifying disasters and home-repair inflation.This hurts housing affordability and long-term property values.The aftermath of the Los Angeles wildfires could exacerbate a mounting challenge for California homeowners: ever-higher insurance costs.California's largest home insurance provider, State Farm,…

The LA wildfires could cost insurance companies $30 billion.A lawyer who's helped recover millions in insurance claims shared his advice for those impacted.He said fire victims should start their claims now, list an inventory, and set up a new address.This as-told-to essay is based on a conversation with Sean Andrade, managing partner of Andrade Gonzalez…

While Los Angeles County continues to battle devastating wildfires, you may be wondering about the safety of your own home. More specifically, how are you covered when the unthinkable happens?Unfortunately, insurance doesn't function like a gas or electric company; even in the face of disaster, insurers aren't obligated to service your home. And while homeowners…

Currently Los Angeles County suffers from apocalyptic scenes of deadly, uncontained wildfires. Unfortunately, insurance doesn't function like a gas or electric company; even in the face of disaster, insurers aren't obligated to service your home. Instead, these companies can choose which properties they're willing to insure based on their risk assessment models. This selective coverage…

Some homes affected by the Los Angeles wildfires might not have insurance.Insurers have been canceling plans and refusing to sign new ones in the state.Years of worsening wildfires have increased payouts and other costs for insurers in California.As wildfires destroy homes in Los Angeles, some homeowners might face rebuilding without insurance payouts.That's because some insurance…

NPR's Michel Martin speaks with American Medical Association President Bruce Scott about how physicians and patients are burdened by insurance companies' systems of prior authorization.

Holden Karau works in Big Tech during the day and builds her startup, Fight Health Insurance, at night.Karau said personal experiences with health insurance denials led her to create the platform.The platform uses AI and machine learning to streamline the insurance appeal process.Holden Karau works as an open-source engineer in California — but just about every day after…

There is likely no subject less exciting or more aggravating than health insurance. The entire experience is frustrating for most people: Navigating plans is confusing, everything seems really expensive, and when you make claims you often get blank denials that explain nothing and give you few options for appeal or further information. All that being…

'Tis the season of festive gatherings, twinkling lights, and potential insurance headaches. Before you deck the halls and invite over your entire friend group, let's unwrap the not-so-jolly details about how your homeowners insurance might (or might not) protect you during holiday parties.Your basic coverageMost standard homeowners insurance policies include personal liability coverage, which can…

Officials reportedly found bullet casings with the words "deny," "defend," and "depose" on them at Brian Thompson's murder scene.The words are similar to the title of a 2010 book about the insurance industry, "Delay Deny Defend."Police have not yet shared a motive for the shooting.The gunman who shot Brian Thompson, the CEO of UnitedHealthcare, reportedly…