Sat, January 11, 2025
[ Sat, Jan 11th ]: Investopedia
If You're One of the 4.1 Million People Retiring in 2025, Open a CD Before Rates Decrease
[ Sat, Jan 11th ]: ABC
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[ Sat, Jan 11th ]: MSN
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[ Sat, Jan 11th ]: Newsweek
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[ Fri, Jan 10th ]: Goodreturns
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[ Fri, Jan 10th ]: Newsday
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[ Fri, Jan 10th ]: MSN
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
[ Fri, Jan 10th ]: Reuters
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[ Fri, Jan 10th ]: Reuters
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[ Fri, Jan 10th ]: Reuters
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RenewBuy launches Smart Term Plan for working professionals and small business owners
[ Thu, Jan 09th ]: ABC
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[ Thu, Jan 09th ]: AOL
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[ Thu, Jan 09th ]: Kiplinger
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[ Thu, Jan 09th ]: CNET
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[ Thu, Jan 09th ]: AOL
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[ Thu, Jan 09th ]: Techopedia
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[ Thu, Jan 09th ]: Observer
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[ Thu, Jan 09th ]: Reuters
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[ Thu, Jan 09th ]: Reuters
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[ Thu, Jan 09th ]: Reuters
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Wed, January 8, 2025
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LA fires spotlight the home insurance industry amid climate change

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MORE: How will the California wildfires shape the home insurance industry? "Insurance companies are looking out the window just like us, and seeing all these climate disasters.
The article from MSN discusses the increasing challenges faced by the home insurance industry in California due to climate change, particularly highlighted by the recent wildfires. Insurance companies are grappling with the rising costs and frequency of natural disasters, leading to higher premiums, reduced coverage options, or insurers pulling out of high-risk areas altogether. This situation has left many homeowners in a precarious position, with some unable to secure insurance at all. The article points out that the insurance crisis is not just about financial implications but also about the broader implications for housing markets and community resilience. It mentions that state regulators are attempting to balance the need for affordable insurance with the financial stability of insurance companies, while also considering reforms like allowing insurers to use forward-looking catastrophe models to set rates. This reflects a growing recognition of the need for systemic changes in how insurance is approached in an era where climate change exacerbates natural disasters.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/la-fires-spotlight-the-home-insurance-industry-amid-climate-change/ar-BB1rcdd4 ]