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How the wildfires in Los Angeles area could affect California’s home insurance market

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4 months ago

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www.news4jax.com – Trân Nguyễn, Associated Press – 2025-01-09 18:11:00

SUMMARY: California’s wildfires, including the most destructive blaze in Pacific Palisades, are challenging the state’s insurance market. With many insurers halting policies in high-risk areas, homeowners face rising insurance costs or must turn to the FAIR Plan, which offers limited coverage. The number of FAIR Plan policies has surged, but its ability to handle large claims from these fires remains uncertain. To address the crisis, California has updated regulations to allow insurers to consider climate change in pricing and pass on reinsurance costs. However, premiums may rise, and the long-term impact on the market is still unclear.

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India and Pakistan face off over Kashmir attack. Here’s where the rivals stand

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4 hours ago

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May 5, 2025

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www.news4jax.com – Sheikh Saaliq, Associated Press – 2025-05-05 04:25:00

SUMMARY: India and Pakistan are in a tense standoff following a deadly attack in Indian-controlled Kashmir on April 22, which killed 26 mostly Hindu tourists. India blames Pakistan-backed militants for the attack, a charge Pakistan denies. Both nations have expelled diplomats, closed borders, and restricted airspace, with India suspending a key water-sharing treaty. Pakistan claims to have intelligence of a possible Indian strike, though no military action has occurred. Global leaders urge restraint and the UN is set to discuss the crisis. Amid escalating border skirmishes, India has launched a crackdown in Kashmir, causing fear among locals. Both countries have tested missiles, heightening conflict fears.

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Ruud beats Draper in Madrid Open final to win his first Masters 1000 title

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17 hours ago

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May 4, 2025

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www.clickorlando.com – Tales Azzoni, Associated Press – 2025-05-04 15:41:00

SUMMARY: Casper Ruud became the first Norwegian to win a Masters 1000 title, defeating Jack Draper 7-5, 3-6, 6-4 in the Madrid Open final. Ruud overcame a 5-3 deficit in the first set and sealed the win with a break at 2-2 in the third. The victory marked a significant milestone in Ruud’s career, propelling him back into the top 10 at No. 7. He expressed pride in his performance, acknowledging Draper’s strong play. Ruud, known for his clay court dominance, earned his 13th tour title and the first Norwegian Masters 1000 win since 1990 .

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Brazilian police arrest two people over plot to bomb Lady Gaga’s concert in Rio

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22 hours ago

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May 4, 2025

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www.news4jax.com – Associated Press – 2025-05-04 10:18:00

SUMMARY: Brazilian police arrested two people in connection with an alleged bomb plot targeting Lady Gaga’s concert in Rio de Janeiro on Saturday. The concert, attended by around 2 million fans at Copacabana Beach, was the largest of the pop star’s career. Authorities said the plot was orchestrated by a group spreading hate speech against the LGBTQ community and seeking to recruit teenagers for attacks using explosives. Police raided 15 locations across Brazil, arresting suspects and confiscating devices. The group had used Lady Gaga’s fan nickname, “Little Monsters,” to lure teens online into violent content. The concert proceeded without incident.

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