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Following a CBS News investigation, California's insurance commissioner said he will push to require more transparency when it comes to the state's FAIR Plan for fire insurance. CBS News' Julie Watts and Scott Pham join "The Daily Report" to discuss their investigation.
Once thought of as a small, rarely-used backstop, the FAIR Plan is now one of the largest insurers in the state, and people without FAIR Plan insurance are the ones on the hook for the FAIR Plan's debt. Yet the FAIR Plan is still cloaked in secrecy.
A Florida company says its new technology is helping to build homes faster and at a lower cost amid the impacts of climate change.
As many as three-quarters of U.S. homeowners could be underinsured, a significant risk as weather disasters intensify.
State Farm General also had a blunt warning to Californians about the future of insurance in the state.
The total cost of rebuilding homes in the L.A.-area fires will outpace what underinsured owners' insurance policies can afford.
Before the fires in Southern California, you could see mile after mile of beautiful houses on wooded landscapes. But what you couldn't see was that many of the homes were uninsured or underinsured. Mark Strassmann reports.
Insurance companies are canceling homeowner policies across the U.S. — even in regions that aren't considered climate hot spots.
Analysts predict insurers could pay out more than $20 billion just from this latest wildfire disaster alone.
More than 100,000 homeowners in the Los Angeles area were dropped by their insurance companies before the recent wildfires broke out. Elizabeth Cook shares the story of families now struggling to piece their lives back together after losing everything in the fires.
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business Insider senior sustainability reporter Catherine Boudreau joins "The Daily Report" to discuss.
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Increasingly intense wildfires have become more common in California, upending the lives of thousands. Many insurers are dwindling coverage options, leaving several homes in danger. Business Insider senior sustainability reporter Catherine Boudreau joins "The Daily Report" to discuss.
Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.
Outside of Florida, roughly 99% of homeowners that sustained flooding are not covered, Insurance Information Institute estimates.
Moody's Analytics predicts Hurricane Helene will cause $15 to $26 billion in property damage alone, and AccuWeather estimates the total damage and economic loss could cost up to $110 billion. These figures would make Helene one of the most expensive storms in the country's history. Mark Friedlander, spokesperson for the Insurance Information Institute, joins CBS News to explain how the natural disaster will impact home insurance prices.
Adjusters in Florida say insurance companies altered Hurricane Ian damage reports to underpay homeowners. Whistleblowers detail what they found.
Rising Florida home insurance rates, which surged 45% from 2017 to 2022, are likely to keep climbing along with the mercury, experts say.
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
The cost of insuring your home is going up, and some homes are "essentially uninsurable" due to rising climate change risks. In Nebraska, the most expensive state for premiums, the cost is nearly $3,400 above the national average to insure a home. And it's all happening as extreme weather events increase in frequency and intensity, jeopardizing people's homes and their ability to financially recover afterward.
As climate change whips up wilder weather, more Americans must deal with "hazards they have not faced in the past," expert says.
As U.S. home prices remain stubbornly high and many parts of the nation are seeing more extreme weather, homeowner insurance premiums have spiked in response. Jo Ling Kent has more.
"Every year, it goes up and up and up and it's not coming down," one homeowner said of her insurance costs.
Hundreds of thousands of people across the U.S. are losing their homeowners insurance, with four major companies ending coverage in California due to the growing risk of wildfires. Companies in Florida are canceling policies due to increased hurricane risks. Matthew Eby, the founder and CEO of First Street Foundation, a nonprofit that studies climate risks, joined CBS News to discuss .
State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer, nine months after announcing it wouldn't issue new home policies there.
President Donald Trump again suggested he may try to run for a third term in office, despite limits set by the 12th and 22nd Amendments.
There were 258 near midair collisions involving a military aircraft and a commercial aircraft from 1987 to 2021, with 13% of them being deemed critically close.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
Virginia Giuffre, who alleged Epstein sexually trafficked her to Britain's Prince Andrew, was in "a serious accident," her representative said.
A new study from the University of Colorado Boulder shows that 1 in 15 US adults have been on the scene of a mass shooting.
Officers questioned four Chinese men who were found removing 32 files from containers behind the collapsed building, a police official said.
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Jury selection in Lori Vallow Daybell's trial in Arizona is set to start Monday. She is charged in the death of her fourth husband, Charles Vallow.
Miller Gardner, the youngest son of former New York Yankees outfielder Brett Gardner, died March 21 at the age of 14 while on vacation with his family.
Mark and Janet Smith have been leading a coalition opposing a rail company's plan to carve through private property with four and a half miles of new track.
Even the most well-organized relief efforts are only as effective as the number of people who know about them.
There were 258 near midair collisions involving a military aircraft and a commercial aircraft from 1987 to 2021, with 13% of them being deemed critically close.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."
Some Egg Beaters and Bob Evans egg products have been recalled because they may include a cleaning solution, USDA says.
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.
Stocks whipsawed on Monday on economic worries, ending the quarter with its worst performance in three years.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
Luna introduced a bipartisan measure to allow new parents in Congress to vote remotely around the birth of their child. Some conservatives are trying to stop it.
Nearly all employees at the Institute of Museum and Library Services, which supports U.S. museums and libraries, were put on administrative leave Monday, an administration official said.
Venezuelan migrants were slated to lose their government-issued work permits and deportation protections next week, on April 7.
President Trump's expected trip to Saudi Arabia in May will be his first foreign trip of his second term.
More than 800 employees at the National Institute of Occupational Safety and Health are expected to be cut.
Some Egg Beaters and Bob Evans egg products have been recalled because they may include a cleaning solution, USDA says.
Measles cases in the U.S., which have soared to nearly 500 infections this year, have created concerns for parents with children who are too young to be vaccinated.
Republicans and Democrats agree prior authorization needs fixing, but patients are growing impatient.
Syphilis rates in the U.S. rose to a 70-year high in 2022, and tripled in the Navajo Nation from 2019-2022. Dr. Celine Gounder takes a look at a program to help fight STDs on Indian reservations in the Southeast.
Miller Gardner, the youngest son of former New York Yankees outfielder Brett Gardner, died March 21 at the age of 14 while on vacation with his family.
Carolos Lehder, who served over 30 years in a U.S. prison, once owned a luxurious hotel, which had caged lions and a large statue of John Lennon.
Virginia Giuffre, who alleged Epstein sexually trafficked her to Britain's Prince Andrew, was in "a serious accident," her representative said.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
A United Arab Emirates court sentenced three people to death for the killing of Israeli-Moldovan Zvi Kogan, state media reported.
Jordan Davis, the country star behind eight No. 1 hits, joins "CBS Mornings Plus" to share a first look at his latest single and reveal a big announcement following recent CMA and ACM wins.
Jay Ellis, star of "Insecure" and "Top Gun: Maverick" takes on a fictional version of Warriors star Sleepy Floyd in "Freaky Tales," a genre-blending film set in 1987 Oakland that reimagines the night Floyd scored 29 points in one quarter and what happens when he becomes the target of a heist.
She was arrested on Saturday at a home in Marina Del Rey for assault with a deadly weapon, according to Los Angeles County deputies.
Richard Chamberlain, the actor known for a string of TV miniseries in the 1980s, including "Shogun," has died. He was 90.
To young Brandi Carlile, a girl coming of age and struggling with her own sexuality, Elton John was a flicker of hope in a confusing world. Today, the two music superstars are friends and collaborators, recording an album together, "Who Believes in Angels?"
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
White House chief of staff Susie Wiles was among the contacts listed in Waltz's Venmo account.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
The Senate Intelligence Committee heard testimony on Tuesday from key players involved in a group chat on the messaging app Signal, in which the U.S.'s highly sensitive plans to bomb Houthi targets in Yemen were discussed inadvertently with a journalist. President Trump said that his administration would investigate the government's use of Signal. CBS News contributor and former CIA official Andrew Boyd has more on what it is and how it's used.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Bees play a key role in the U.S. food supply, and the mass deaths could jeopardize that.
Carbon capture chemically removes CO2 from the air, to store or recycle into products. But is this technology – underwritten by the fossil fuel industry – an effective means to address climate change?
As a tool to address rising greenhouse gas emissions, carbon capture chemically removes carbon dioxide from the air, to store or recycle into products. The company behind a new plant to be opened this summer claims the facility will remove 500,000 tons of CO2 a year. But is this form of carbon capture – underwritten by the fossil fuel industry – an effective means to address climate change? Correspondent David Pogue looks at the technology behind this initiative, and the controversy it has raised.
Carolos Lehder, who served over 30 years in a U.S. prison, once owned a luxurious hotel, which had caged lions and a large statue of John Lennon.
A United Arab Emirates court sentenced three people to death for the killing of Israeli-Moldovan Zvi Kogan, state media reported.
Lori Vallow Daybell, the "Doomsday mom" sentenced to life in prison for killing her children, is in court for the Arizona trial surrounding her fourth husband's death. CBS News' Andres Gutierrez reports.
Police arrested a fugitive on the tropical holiday island of Phuket over a deadly prison breakout that freed a notorious drug lord nicknamed "The Fly."
Police released video of the operation, showing the vessel loaded with orange packages as well as four suspects with their faces blurred out.
Astronauts Butch Wilmore and Suni Williams addressed the media for the first time Monday since returning to Earth almost two weeks ago. CBS News senior national correspondent Mark Strassmann reports from the Johnson Space Center in Houston, Texas.
NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore are adjusting to life back on Earth after spending more than nine unplanned months in space. The astronauts discussed their science mission at a news conference on Monday from the agency's Johnson Space Center in Houston. Former NASA astronaut Dr. Tom Marshburn joins CBS News to unpack the pair's comments.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
A crypto billionaire and three other novices are set to launch on a mission to orbit both the north and south poles. It will be the first human crewed mission to do so. Mark Strassmann reports.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
The New York Yankees lived up to their nickname of "the Bronx Bombers" with a record-tying 15 home runs in their opening three games. Some in baseball are not giving all the credit to the team but instead to their so-called "torpedo" bats. Brendan Kuty, staff writer at The Athletic, joins CBS News to explain.
Astronauts Butch Wilmore and Suni Williams addressed the media for the first time Monday since returning to Earth almost two weeks ago. CBS News senior national correspondent Mark Strassmann reports from the Johnson Space Center in Houston, Texas.
President Trump will impose 25% tariffs on all imported vehicles and auto parts starting April 3. Sam Darwich, owner of Northwestern Auto Repair in Farmington Hills, Michigan, joins CBS News to discuss how the tariffs could impact his business.
This weekend, President Trump made headlines for floating the idea of running for a possible third term despite not being constitutionally allowed. CBS News' Lindsey Reiser explains the constitutional limits around presidential terms.
A new CBS News poll finds that 64% of Americans think President Trump isn't focused enough on lowering prices. A majority also say the president is too concerned with tariffs. CBS News executive director of elections and surveys Anthony Salvanto breaks down the numbers.