Insurers

Insurers deny $19.7 million claim for fake Basquiat paintings seized by the FBI. Owners argue they should still pay for failing to verify authenticity

Insurers deny $19.7 million claim for fake Basquiat paintings seized by the FBI. Owners argue they should still pay for failing to verify authenticity

Micheal

Liberty Mutual Insurance Company and Great American Insurance Company argue the forgeries have no value. Read More

LA inferno could inflict a $150 billion economic wound, with a grueling 10-year recovery ahead

LA inferno could inflict a $150 billion economic wound, with a grueling 10-year recovery ahead

Micheal

Higher material and labor costs as well as increased demand for contractors could slow the process, expert says. Read More

Deadly LA wildfires to cost over $50 billion in damages, becoming one of the worst natural disasters in U.S. history

Deadly LA wildfires to cost over $50 billion in damages, becoming one of the worst natural disasters in U.S. history

Micheal

The damage is expected to far exceed the $16 billion in economic losses from Maui’s wildfires two years ago. Weather ...

Trump says ‘we’re going to knock out the middleman’ and eliminate pharmacy benefit managers that he claims are jacking up drug prices

Trump says ‘we’re going to knock out the middleman’ and eliminate pharmacy benefit managers that he claims are jacking up drug prices

Micheal

Health care stocks such as Cigna and UnitedHealth Group dipped after Trump’s comments at his Mar-a-Lago press conference Monday. Read ...