Governor Gavin Newsom plans to sponsor a bill ensuring homeowners benefit from interest on insurance payouts for destroyed properties in the wake of the Palisades and Eaton fires in Los Angeles. The bill, to be introduced by Assemblymember John Harabedian, aims to provide homeowners with interest earned while insurance funds sit in escrow during rebuilding. Current California law requires lenders to pay interest on escrowed funds for property taxes and insurance but not for insurance payouts, which could amount to $20,000 annually for a $1-million payout for a destroyed home.
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4 outgoing International Space Station fliers undock, head for Saturday splashdown
Four crew members of the International Space Station's Crew 10 undocked from the SpaceX Crew Dragon Endurance on Friday, concluding a 148-day mission, with a planned splashdown in the Pacific Ocean on Saturday at 11:33 a.m. EDT. This marks the first NASA-sponsored Crew Dragon landing in the Pacific, emphasizing international cooperation in space exploration. Want More Context? 🔎
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