Worst Losses for Home Insurers in 100 Years: Report; DOJ Asks Court to Uphold Law Requiring TikTok Sale or Ban | Business Matters Full Broadcast (July 29)

According to rating agency AM Best, 2023 saw the worst underwriting loss in a century for home insurers. It found insurance providers were hit with a $15 billion net underwriting loss. That’s when an insurance company has to pay out more in claims than expected. The Justice Department is asking a federal appeals court to uphold...