Tag #Insurance

foxnews.com
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Texas AG Sues Allstate for Allegedly Illegal Data Collection

Texas Attorney General Ken Paxton sued Allstate insurance for illegally collecting and selling the driving behavior data of over 45 million Americans through embedded software in third-party apps, violating Texas Data Privacy and Security Act, Data Broker Law, and the Texas Insurance Code; the suit ...

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52% Bias Score

Reduced Inequality
us.cnn.com
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Devastating LA Wildfires: Rebuilding or Relocating Amidst Insurance Challenges

The recent Los Angeles wildfires, the costliest and most destructive in history, are forcing tens of thousands of residents to decide between relocating or rebuilding, with insurance coverage playing a crucial role in their decisions, and insured losses potentially exceeding \$20 billion.

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36% Bias Score

Sustainable Cities and Communities
theguardian.com
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LA Fires Expose Insurance Industry Crisis Amidst Climate Change

The devastating Los Angeles fires, causing $52-$57 billion in damages, have exposed the challenges faced by California homeowners in accessing adequate insurance coverage due to climate change and industry practices, leading to potential financial crises for many.

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44% Bias Score

Reduced Inequality
nos.nl
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2024 Natural Disasters Cause Record-High $320 Billion in Global Damage

Natural disasters caused $320 billion in global damage in 2024, exceeding the 30-year average and highlighting the impact of climate change; hurricanes in Florida and the Japan earthquake were the most costly events.

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44% Bias Score

Climate Action
zeit.de
🌐 75% Global Worthiness
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Bavarian Farmers Receive \u20ac15 Million in Crop Insurance Subsidies Amidst Climate Change Impacts

In 2024, 6,000 Bavarian farmers received \u20ac15 million in subsidies for crop insurance, covering 6 percent of eligible farmland, due to increased risks from extreme weather; this follows a program expansion in 2023, highlighting the impact of climate change on the agricultural sector.

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24% Bias Score

Climate Action
azatutyun.am
🌐 65% Global Worthiness
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Armenia Postpones National Health Insurance Program Launch

Armenia's July 2024 launch of a national health insurance program has been postponed, delaying its phased rollout to 2025 for state employees, 2026 for the private sector, and 2027 for 95% of the population; the delay allows for refining the program's legal framework and ensuring quality.

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28% Bias Score

Good Health and Well-being
theglobeandmail.com
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Record $8.55 Billion in Insured Weather Damage Hits Canada in 2024

Severe weather in Canada caused a record $8.55 billion in insured damage in 2024, exceeding the previous record by $2.35 billion, with major events including a Calgary hailstorm, Hurricane Debby's remnants, and the Jasper wildfire.

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36% Bias Score

Climate Action
dw.com
🌐 90% Global Worthiness
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California Wildfires: \$50 Billion in Estimated Damages

California wildfires have caused at least 10 deaths and an estimated \$50 billion in property damage, potentially exceeding the cost of the 2018 Camp Fire and straining the state's home insurance system.

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36% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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€2.5bn Russian Aircraft Dispute Heads to Court

In Dublin, a €2.5bn (£2.1bn) legal battle is underway between aircraft lessors and insurers (including Lloyd's, AIG, and Chubb) over 400 planes stranded in Russia after Western sanctions, with the trial expected to last months and potentially reach a multi-million euro legal cost.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
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UnitedHealthcare Interrupts Breast Reconstruction Surgery

Texas plastic surgeon Dr. Elisabeth Potter was forced to halt a breast reconstruction surgery to take a call from UnitedHealthcare, which demanded information to determine if the patient's stay was justified, raising concerns about insurance company interference in patient care.

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56% Bias Score

Good Health and Well-being
euronews.com
🌐 75% Global Worthiness
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Aspen Insurance to List on NYSE, Exiting London Stock Exchange

Aspen Insurance, a Lloyd's of London underwriter, plans a £3bn (€3.61bn) listing on the New York Stock Exchange, citing differences in US and UK accounting practices as the primary reason, impacting the London Stock Exchange amid declining listings and stricter UK regulations.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Climate Change Drives Up Canadian Home Insurance Costs

Due to a 379 percent increase in average annual insurable damage from natural disasters in Canada over the past 10 years, home insurance premiums have risen by 76 percent, or $409 annually. Insurers are limiting coverage in high-risk areas, and financial planners advise clients to increase emergency...

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24% Bias Score

Climate Action