By EARLE GALE in London | China Daily Global | Updated: 2024-10-17 09:27 Italy's Prime Minister Giorgia Meloni attends a roundtable meeting in Brussels, Belgium Oct 16, 2024. Italy will raise 3.5 billion euros through new levies on domestic banks and insurance companies, in a bid to overcome a 9-billion-euro black hole in its budget, Prime Minister Giorgia Meloni announced …
Many insurers have stopped issuing homeowners policies in places like Sonoma and Napa, where the Glass Fire burned in 2020. When State Farm announced in May that the company would stop writing new homeowners insurance policies in California, it issued a two-paragraph statement by way of explanation. No big insurer would cover his house in recent years, so he was …