AAA has become the fourth insurer to pull back from offering insurance to residents of Florida in the past year. The company said it will not renew the auto and home insurance policies for some customers in Florida. “Unfortunately, Florida’s insurance market has become challenging in recent years,” the company said in a statement emailed…

Farmers Insurance announced it would be the latest insurance company to limit its home insurance policies in California. The company is now limited to 7,000 new homeowners insurance policies per month for the entire state. The announcement comes amid rising home insurance costs, an uncertain regulatory environment and a volatile natural environment. Farmers joins State…

Speaking in Spain on Thursday, June 29, Federal Reserve Chair Jerome Powell discussed the possibilities of more rate hikes in 2023, as well as tighter rules for banks following the failure of several large banks in recent months. Powell’s comments came at a banking conference in Madrid, a day after Powell participated in a panel…

Officials reported human remains have been recovered from the Titan submarine debris, and the artificial sweetener found in your diet sodas will soon be labeled as a potential cancer risk. These stories and more highlight the rundown for Thursday, June 29, 2023.  Human remains likely recovered from Titan debris The Coast Guard announced on Wednesday,…