Questions on Florida state home insurance
Florida state-run home insurance is generating major profits for outside companies, a CBS News investigation found. Ash-har Quraishi has more.
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Florida state-run home insurance is generating major profits for outside companies, a CBS News investigation found. Ash-har Quraishi has more.
As the housing market braces for the impact of a government shutdown, authorization for the largest residential flood insurance program in the U.S. has expired. Neil Alldredge, President and CEO of the National Association of Mutual Insurance Companies, joins "The Daily Report" to discuss.
Insured property losses have soared, pushing insurers into hiking rates or even pulling out. So-called catastrophe bonds are emerging as a way to bring more capital into the market. Ash-har Quraishi reports.
Authorities continued their rescue and recovery missions in Central Texas on Tuesday as the death toll from last week's catastrophic flooding surpassed 100 people. Meanwhile, insurance experts have expressed concern over the coverage gap across Texas as the state becomes more susceptible to severe flooding driven by climate change. CBS News Texas reporter Bo Evans has more and Mark Friedlander, senior director of media relations at the Insurance Information Institute, joins "The Daily Report" to discuss.
When a natural disaster strikes, it can create a financial storm for homeowners who have lost everything. Dave Malkoff reports that many are often left temporarily homeless and still obligated to pay their monthly mortgage.
The next president could have a big impact on climate change policies. Here are 11 ways the issue could impact your health, bills, natural disaster recovery and more.
The damage from Hurricanes Milton and Helene is expected to cost tens of billions of dollars. The primary option for millions of Americans facing storm damage is the National Flood Insurance Program, but some lawmakers are raising concerns that the fund could get overwhelmed with claims. Republican Rep. Garret Graves of Louisiana joins "America Decides" to discuss.
Analysts estimate Hurricane Milton could have caused up to $50 billion in insured losses for Florida property owners. CBS News business analyst Jill Schlesinger explains what to do about filing a claim.
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.
As climate change whips up wilder weather, more Americans must deal with "hazards they have not faced in the past," expert says.
Heavy flooding has inundated several parts of Minnesota over the past two weeks. However, a vast majority of Minnesotans lack flood insurance, leaving some with extensive property loss and an uncertain future. Tom Hanson reports.
Another atmospheric river event is battering California with wind, rain and snow. CBS News national correspondent Jonathan Vigliotti has more from the Golden State.
Extreme weather is spurring some insurers to exit states like California and Florida, while homeowners grapple with surging premiums.
More than ever, having enough insurance coverage is essential. But not all policies cover every type of extreme weather event.
The increases are slated to be phased in over the coming years. The states say the steeper rates could cost some people their homes and businesses.
President Trump said Friday that Iran must agree to never have a nuclear weapon and to reopen the Strait or Hormuz immediately, without tolls.
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
A judge signaled she may reopen a case between President Trump and his own government that led the DOJ to create a $1.776 billion "anti-weaponization fund," ordering the president's lawyers to respond to allegations of "deception" and "fraud."
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
The five deaths came in vehicles that were struck by the bus when it did not slow down for traffic, Virginia State Police said.
Most artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
When a homeless man had no choice but to give up his dog, Jake, a local fire station gave Jake a home, and then helped the man get back on his feet.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
The department said it is preparing for the banknote in response to legislation proposed last year.
The strikes are part of a monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
The federal prosecutor who signed an indictment accusing former FBI Director James Comey of threatening President Trump by posting an image of seashells arranged as "86 47" is no longer on the case.
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Earlier this year, the CDC announced updated recommendations that would reduce the number of recommended immunizations for children from 17 to 11.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Ukrainian President Volodymyr Zelenskyy said Ukraine has received intelligence indicating Russia will launch an assault involving drones and missiles.
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
One Laos gold miner was brought out of a flooded cave in a perilous two-hour operation where monsoon rains have trapped a group for over a week.
A new movie titled "Dreams of Violets," with images fully generated by artificial intelligence, is set to premiere next month. Jo Ling Kent reports on the film made with no lights, no cameras and no actors.
Musician Wyclef Jean is on a journey to release 7 albums as part of a single project titled "Quantum Leap." Jean joined CBS News with more details.
Grammy Award-winning artist Wyclef Jean released a new single, "Mr. October," from his new album "Clef Notes," which comes out June 26. The album is the first installment of this seven-album project "Quantum Leap." Jean joins to discuss why he plans to release seven albums in one year and the story behind his new single.
AI-powered shopping app Phia, founded by Bill and Melinda French Gates' daughter Phoebe Gates and Sophia Kianni, announced dozens of celebrity investors. Gates and Kianni share how they started the app and what's next.
Shrey Parikh, a 14-year-old eighth grader from Rancho Cucamonga, California, won the 98th annual Scripps National Spelling Bee. Lilia Luciano reports.
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more details.
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.
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Former Attorney General Pam Bondi is testifying privately before members of the House Oversight Committee on the botched Justice Department rollout of the Epstein files. CBS News' Caitlin Huey-Burns reports.
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
A federal judge has temporarily blocked the Justice Department from moving forward with work on the new "anti-weaponization" fund, including making any payouts. CBS News' Ed O'Keefe reports.
The Department of Justice is investigating the outside funding that Trump accuser E. Jean Carroll received for her civil lawsuits against the president. CBS News' Katrina Kaufman reports.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump holds Situation Room meeting on Iran; Bondi testifies behind closed doors in House Oversight Committee's Epstein probe.
The Wall Street Journal reports that this summer is expected to be the worst for teen jobs since 1948, when the federal government started tracking the data. Ray A. Smith, a reporter covering career and workplace issues at the Wall Street Journal, joins "The Daily Report" to discuss.
President Trump met with top advisers in the Situation Room on Friday to discuss the latest proposal with the Iranian regime. The Iranians are still not budging on the president's red lines. CBS News' Sam Vinograd discusses whether there's any real progress.
Voters in Colombia will head to the polls on Sunday to elect a new president. The winner could cause a dramatic shift in the country's politics for the next four years, but the impact reaches far beyond its borders. CBS News national correspondent Lilia Luciano reports.
Steve Hartman goes "On the Road," following the story of a dog who was left at a Fort Worth, Texas, firehouse.