State Farm to offer $100 average refund to car insurance customers
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
Homeowners Insurance
Catastrophe bonds making insurance more affordable
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.
Homeowners insurance costs have shot up 70% since 2021. Here's why.
Several factors are driving up home insurance premiums across the U.S. to record highs.
Wildfire victims battle for insurance coverage
The latest California wildfire, burning about halfway between Los Angeles and San Francisco, was just 10% contained on Saturday. Meanwhile, homeowners who felt lucky their homes didn't burn to the ground are in for a surprise. Elise Preston has more.
California FAIR Plan secrets: Why the state's insurer of last resort is so secretive
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.
Wildfire victims waiting for insurance payouts
More than four months after the devastating wildfires broke out in Southern California, homeowners are being hit again. Insurance premiums are going up to cover payouts, though some homeowners say they're still waiting for checks. Jonathan Vigliotti reports.
Wildfire victims face costs despite insurance
For one woman who lost her home in the deadly Los Angeles wildfires, insurance won't come close to covering the cost to rebuild. As Elise Preston reports, she's far from alone.
Insurers colluded to limit coverage in wildfire-prone Calif. areas, suits say
Two lawsuits allege major home insurance companies have colluded to limit coverage in wildfire-prone California communities and force homeowners onto the state's last-resort insurance plan.
Inside the lab where are homes are tested to survive fire
A South Carolina facility simulates wildfires to research what makes one house burn and another survive.
Breaking down rising insurance rates
California's largest insurer, State Farm General, is seeking a 22% rate hike after $7.5 billion in wildfire losses. For insight into how climate change could impact coverage nationwide, Jeremy Porter, Head of Climate Implications at First Street, joins "CBS Mornings Plus."
California wants fewer homeowners insured on the FAIR plan. Data show the state's strategy may not be enough.
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire.
California's FAIR Plan withholds information
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.
Florida company uses new technology to help housing crisis
A Florida company says its new technology is helping to build homes faster and at a lower cost amid the impacts of climate change.
Are you underinsured? Here's how homeowners can check their coverage.
As many as three-quarters of U.S. homeowners could be underinsured, a significant risk as weather disasters intensify.
State Farm asks for approval to increase California home insurance rates by an average of 22%
State Farm General also had a blunt warning to Californians about the future of insurance in the state.
Climate change to obliterate $1.5 trillion in U.S. home values
More than 5 million Americans will leave areas being impacted by climate change this year, according to study.
Underinsured face financial uncertainty after losing homes in LA fires
The total cost of rebuilding homes in the L.A.-area fires will outpace what underinsured owners' insurance policies can afford.
Underinsured face uncertainty after L.A. fires
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.
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
As climate risks mount, U.S. homeowners face soaring insurance bills
Insurance companies are canceling homeowner policies across the U.S. — even in regions that aren't considered climate hot spots.
Altadena couple among thousands dropped by insurance before wildfires
Analysts predict insurers could pay out more than $20 billion just from this latest wildfire disaster alone.
L.A.-area families struggle without insurance
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 without home insurance in L.A.
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.
Insurers pull back wildfire coverage
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.
What to know about filing an insurance claim after a hurricane
Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.
Live
Iran's supreme leader gives first statement as oil prices go up, markets down
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
Senate to vote again on funding DHS as tempers flare over impasse
The Senate will vote again on a measure to fund the Department of Homeland Security as an impasse over how to reform immigration enforcement agencies has grown ugly, nearly a month into a partial shutdown.
Massive emergency oil release fails to stem investor fears
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
Trump administration takes steps to impose new tariffs
The Supreme Court ruled in February that the president lacks the authority to impose unilateral tariffs using an emergency powers law.
NYPD cop who chased down bomb suspect had just one thought: "Catch the bad guy"
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Iran won't surrender "in a million years," analyst says
The U.S. and Israel had a "flawed assumption" that the death of Supreme Leader Ayatollah Ali Khamenei would lead to the collapse of the regime, said an expert on the region.
Officer took ambulance sent for man dying from police shooting, report says
The report raised questions about what took place after the shooting, which left Dyshan Best bleeding with fatal injuries.
First week of Iran war cost U.S. over $11 billion, military told lawmakers
The first week of the U.S.'s war with Iran cost around $11.3 billion, military officials told members of Congress in a briefing this week, according to sources familiar with the meeting.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
U.S.
More U.S.
Massive emergency oil release fails to stem investor fears
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
As pennies begin to disappear, states grappling with "rounding" problem
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
Senate to vote again on funding DHS as tempers flare over impasse
The Senate will vote again on a measure to fund the Department of Homeland Security as an impasse over how to reform immigration enforcement agencies has grown ugly, nearly a month into a partial shutdown.
Officer took ambulance sent for man dying from police shooting, report says
The report raised questions about what took place after the shooting, which left Dyshan Best bleeding with fatal injuries.
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
MoneyWatch
More MoneyWatch
Massive emergency oil release fails to stem investor fears
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
As pennies begin to disappear, states grappling with "rounding" problem
As pennies begin to disappear, states are grappling with a "rounding" problem for cash purchases that would have included them in the past.
Will Iran war-linked leap in gas prices boost EV sales?
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
Trump releasing 172 million barrels of oil from reserve as prices soar
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
FTC to refund more than $47 million to consumers allegedly deceived by Invitation Homes
A 2024 government lawsuit accused Invitation Homes of deceiving renters about lease costs, charging undisclosed junk fees and other unlawful practices.
Politics
More Politics
First week of Iran war cost U.S. over $11 billion, military told lawmakers
The first week of the U.S.'s war with Iran cost around $11.3 billion, military officials told members of Congress in a briefing this week, according to sources familiar with the meeting.
Senate to vote again on funding DHS as tempers flare over impasse
The Senate will vote again on a measure to fund the Department of Homeland Security as an impasse over how to reform immigration enforcement agencies has grown ugly, nearly a month into a partial shutdown.
Iran won't surrender "in a million years," analyst says
The U.S. and Israel had a "flawed assumption" that the death of Supreme Leader Ayatollah Ali Khamenei would lead to the collapse of the regime, said an expert on the region.
Fetterman calls Trump's criticism of mail-in voting "ridiculous"
"The president is constantly critical on mail-in voting, and that's ridiculous," Democratic Sen. John Fetterman said Wednesday.
Trump releasing 172 million barrels of oil from reserve as prices soar
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
HealthWatch
More HealthWatch
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
"I was fighting to survive": Patients still struggle with preauthorization hurdles
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Investigation
There's one building in LA with 89 registered hospices: "Ground zero" for fraud?
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Raw oysters and clams recalled in 9 states over norovirus risks
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
More kids are in ERs for tooth pain. Budget cuts and fluoride fights aren't helping.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
World
More World
19 convicted over deadly Moscow concert hall attack claimed by ISIS
The rampage at a Moscow concert hall killed 149 people and wounded over 600 in one of the deadliest attacks in the capital in years.
Images show Kim Jong Un and daughter firing guns at shooting range
North Korea has shown leader Kim Jong Un and his teen daughter firing pistols at a munitions factory as he pushes to modernize the country's conventional forces.
Will Iran war-linked leap in gas prices boost EV sales?
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
Live
Iran's supreme leader gives first statement as oil prices go up, markets down
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
Iran won't surrender "in a million years," analyst says
The U.S. and Israel had a "flawed assumption" that the death of Supreme Leader Ayatollah Ali Khamenei would lead to the collapse of the regime, said an expert on the region.
Entertainment
More Entertainment
Oscars 2026: Behind the scenes with the best supporting actor nominees
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
"Sinners" cinematographer on crafting scenes
Oscar-nominated "Sinners" cinematographer Autumn Durald Arkapaw watches scenes from the film with Anthony Mason and breaks down how some of its most memorable moments were created. She also shares how her collaboration with director Ryan Coogler helped define the film's look.
Flavor Flav celebrates women athletes
Pop culture icon Flava Flav stopped by "CBS Mornings" to discuss his plans to celebrate women Olympic and Paralympic medalists from the 2026 Winter Games.
Kurt Russell talks drama series "The Madison"
Kurt Russell, who stars in "The Madison," spoke to "CBS Mornings" about the series, explaining the script "was so familiar" and that he related to it. Russell praised creator Taylor Sheridan, who was also behind the popular series "Yellowstone," and discussed what it was like to work with Michelle Pfeiffer again decades later.
Oscars 2026: Behind the scenes with the best actor nominees
Watch scenes from the performances nominated for best actor at the 98th annual Academy Awards, as well as interviews with the nominees.
Technology
More Technology
Technology
Memory chip shortage could raise tech prices
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
What is XMoney, Elon Musk's new digital payments platform?
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
How AI powered robots are helping small farms
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.
How Hollywood is grappling with AI
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
Details on Pentagon removal of Claude
CBS News exclusively obtained a Pentagon memo from earlier this month that went out to several senior defense leaders and commanders. It ordered the removal of Anthropic's AI technology from key national systems. Jo Ling Kent reports.
Science
More Science
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
More Crime
NYPD cop who chased down bomb suspect had just one thought: "Catch the bad guy"
NYPD Chief Aaron Edwards hopped a metal barrier to chase down a suspect accused of throwing IEDs during clashing protests outside Gracie Mansion.
Officials downplay risk of attacks off West Coast
Officials are downplaying the risk of Iranian drone attacks against California after an FBI memo said the regime "allegedly aspired" to target the Golden State. CBS News homeland security correspondent Nicole Sganga reports. Then, former FBI Special Agent Jeff Harp joins with analysis.
NYPD officers on response to terror incident
A picture of an NYPD chief responding to the terror incident outside Mayor Zohran Mamdani's residence last week has gone viral. CBS News' Anna Schecter has more about what happened that day.
New details in Georgia teacher's death
The family of a Georgia student charged in what investigators describe as a prank gone horribly wrong says they are grieving the tremendous loss to the community. CBS News correspondent Elaine Quijano has the latest.
Man crashes car into barrier near White House
Police in Washington, D.C., arrested a man after he crashed a car into a barricade near the White House on Wednesday morning. CBS News homeland security correspondent Nicole Sganga reports.
Space
More Space
Space
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
More on memo about potential Iranian attacks
Officials are downplaying an FBI memo warning about potential Iranian attacks on California. CBS News' Nicole Sganga has more.
Iran hits tankers and Gulf nations
Iran has attacked multiple tankers near its territory and is striking oil facilities in nearby countries. Meanwhile, U.S. and Israeli warplanes and missiles are continuing to hit targets across Iran. In its first week alone, the Iran war has cost more than $11 billion, according to lawmakers briefed by the Pentagon. Charlie D'Agata has the latest.
Dad of 3 describes decision to quit TSA job
Robert Echeverria, a father of three, says he felt he had no other choice but to take another job as the latest partial government shutdown leaves TSA officers without a paycheck again. Echeverria is among more than 300 TSA officers who have quit since the shutdown began last month, according to agency statistics. Kris Van Cleave has more.
Iran unleashes attacks on war's Day 13
Reports of Iran bombarding Dubai, Kuwait, Oman and Saudi Arabia emerged on Day 13 of the war. The regime also targeted ships and alarmed investors around the world who remain concerned about soaring oil prices. CBS News' Charlie D'Agata reports.
Trump touts economic agenda and Iran war
President Trump on Wednesday made stops in Ohio and Kentucky to promote his economic agenda ahead of this year's midterm elections. He also addressed the Iran war and rising gas prices. The cost of oil has already had an impact on some businesses. Weijia Jiang reports.