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California loses two more property insurers in growing crisis

Chef Andrew Gruel talks about how California’s minimum wage hike is leading to layoffs on “The Bottom Line.” Two more insurance companies are ending property and casualty coverage in California, adding to the growing list of insurers fleeing the state as the crisis worsens. Tokio Marine Holdings’ companies Tokio Marine America Insurance Company and Transpacific […]

Proposed bill in Congress makes squatting on property a deportable offense

A bill introduced in Congress on Wednesday would make illegal immigrant occupation a deportable crime and permanently ban criminals from entering the United States. The legislation, titled the Protecting Homes from Illegal Entry, Occupation, and Dwelling Act, or the SHIELD Act, was introduced by Rep. Dan Meuser (R-Pennsylvania) in response to a spate of incidents […]

Asian stocks mixed; Nikkei rebounds, China falls on property woes – Investing.com

Investing.com — Asian stocks were mixed on Monday, with Japanese markets recovering from last week’s deep declines, but Chinese stocks falling amid renewed concerns about the real estate market. Conditions remained fragile in the face of declining confidence in the early US interest rate cut, and broader Asian markets remained in a narrow range. US […]

Los Angeles ‘trash house’ owner seen outside as city cleans up property

The owner of a Los Angeles home known as a “garbage house” due to bags of trash piled up on the property was spotted outside on the same day city workers began removing the pile of trash. Los Angeles Mayor Karen Bass came to his door Wednesday to order immediate action against what the city […]

Squatters Sue NYC Couple After Allegedly Taking Over Their Property

Two alleged squatters are suing the owner of a duplex after they lounged in an expensive Queens mansion and refused to leave. The home’s price was listed at $930,000. new york post report Sunday. The paper noted that New York City has “permissive” laws regarding these situations. Property owner Julia Fruman, who is facing more […]