Friday, August 8, 2025
NewsWave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
NewsWave
No Result
View All Result
Home World USA

Newsom: Homeowners should benefit from interest on insurance payouts

10 February 2025
in USA
0
Newsom: Homeowners should benefit from interest on insurance payouts
Share on FacebookShare on Twitter
How does this make you feel?



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.

Full Article

🪄 Creating a simple explanation...

Tags: benefithomeownersInsuranceinterestNewsompayouts
Previous Post

Richard Gere Delivers 'Dark' Warning About 'Thug' Donald Trump As Awards Speech Takes A Turn

Next Post

In ‘Festen,’ a Nightmare Birthday Becomes an Opera

Related Posts

4 outgoing International Space Station fliers undock, head for Saturday splashdown
USA

4 outgoing International Space Station fliers undock, head for Saturday splashdown

by My News Wave
8 August 2025
0

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? 🔎

Read more
This week on “Sunday Morning” (August 10)
USA

This week on “Sunday Morning” (August 10)

by My News Wave
8 August 2025
0

The Emmy Award-winning "CBS News Sunday Morning," hosted by Jane Pauley, airs Sundays at 9:00 a.m. ET and streams on the CBS News app at 11:00 a.m. ET. This week's cover stories include Woody Guthrie's musical legacy, the rise of cryptocurrency, Steve Wozniak's fight against internet scams, and a look at the ASMR phenomenon, alongside tributes to notable figures who passed away. Want More Context? 🔎

Read more
Why is Instagram’s new Map feature controversial, and should you disable it?
USA

Why is Instagram’s new Map feature controversial, and should you disable it?

by My News Wave
8 August 2025
0

A new Instagram feature called Instagram Map allows users to share their real-time location with selected friends, raising privacy concerns among experts. Although the feature is off by default and requires user consent to activate, experts warn that many users may not fully understand their privacy settings, potentially exposing them to safety risks. Want More Context? 🔎

Read more
Montana shooting suspect captured a week after deadly rampage at Anaconda bar, governor says
USA

Montana shooting suspect captured a week after deadly rampage at Anaconda bar, governor says

by My News Wave
8 August 2025
0

The suspect in a deadly Montana bar shooting, Michael Brown, 45, has been captured after a weeklong manhunt following the August 1 incident in Anaconda that left four people dead. Authorities noted Brown's history of mental illness and PTSD from military service, and local residents described him as unstable yet not previously violent, mourning the loss of the victims, including beloved bartender Nancy Kelley. Want More Context? 🔎

Read more
The stakes of a potential Trump-Putin summit: From the Politics Desk
USA

The stakes of a potential Trump-Putin summit: From the Politics Desk

by My News Wave
8 August 2025
0

President Donald Trump is set for a tentative summit with Russian leader Vladimir Putin, potentially granting Moscow a diplomatic victory amid the ongoing Ukraine conflict. Meanwhile, redistricting battles intensify as Texas Republicans push for new congressional maps, prompting Democrats to consider countermeasures in states like Illinois, California, and New York. Want More Context? 🔎

Read more
Why Trump’s sweeping new tariffs are fueling stagflation concerns among economists
USA

Why Trump’s sweeping new tariffs are fueling stagflation concerns among economists

by My News Wave
8 August 2025
0

Some economists warn that President Trump's recent tariffs, which raised the average tariff rate to 18%, may lead the U.S. towards stagflation, characterized by high inflation and low GDP growth. Although current economic growth remains strong, inflation is expected to rise, and potential job market impacts from higher import costs could further complicate the economic landscape. Want More Context? 🔎

Read more
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Sam Hartman starting at QB for the Commanders, who have 30 inactives
  • Vice President Vance confirms US, UK have ‘disagreements’ over Gaza policy – Middle East Monitor
  • 4 outgoing International Space Station fliers undock, head for Saturday splashdown
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In