California insurance commissioner candidate gives stunning six-word summary of looming catastrophe

California Insurance Commissioner candidate Stacey Korsgaden has summed up the deepening crisis rippling across the state’s economy. “California is not insurable right now,” she said while appearing on the AgNet News Network, an agriculture-focused news outlet. She said farmers, small businesses and homeowners are increasingly increasingly unable to secure or afford coverage. Her comments comes as regulators in the Golden State move to fine and potentially revoke the license of State Farm over alleged mishandling of claims tied to the 2025 wildfires, which killed at least 31 people. Speaking on the AgNet News Hour, Korsgaden painted a troubling picture of…

Why Lakers won’t threaten Shai Gilgeous-Alexander, Thunder in repeat bid

“How can the Thunder win this series?” Simple. As long as the team bus arrives on time.  That’s a joke, but it’s also deeply-rooted in truth.  Because if the Thunder simply show up as themselves—not some overcaffeinated version trying too hard or an overcautious one afraid of the moment—this series…

McDonald’s is quietly ditching a popular in-store feature nationwide

McDonald’s is quietly ending the era of self-serve soda fountains nationwide. The shift, years in the making, is part of a broader effort by McDonald’s to modernize its restaurants, reduce labor and maintenance demands, and adapt to changing consumer habits that increasingly favor takeout, delivery and drive-thru service over dining in. The company…

Ex-NYC Mayor Rudy Giuliani hospitalized in critical condition: spokesperson

Former New York City Mayor Rudy Giuliani is hospitalized in critical, but stable condition, a spokesperson for the close ally of President Trump said Sunday. “Mayor Rudy Giuliani is currently in the hospital, where he remains in critical but stable condition, the spokesperson said in a statement. “Mayor Giuliani is…

OPEC+ agrees on third oil output quota hike since Hormuz closure

OPEC+ agreed on Sunday a modest oil output hike for June, an increase that will remain largely on paper as long as the Iran war continues to disrupt Gulf oil supplies through the Strait of Hormuz. Seven OPEC+ countries will raise oil output targets by 188,000 barrels per day in June, the third…

One Liberty tenant Cleary Gottlieb renews lease

A giant renewal affirmed that the success of  Downtown’s eastern side isn’t limited to the World Trade Center and Brookfield Place. Cleary Gottlieb renewed on 475,000 square feet at Brookfield Properties’ One Liberty for 20 more years. The law firm is the largest tenant in the 2.3 million square-foot tower on Broadway…

Ravens coach’s message to undrafted Diego Pavia about minicamp chance

Despite going undrafted, Diego Pavia has a chance. The controversial, brash Heisman finalist accepted an invitation to the Ravens minicamp after the NFL draft and earned a deal with the team shortly after. Jesse Minter, the new Ravens head coach hired following a two-year stint as the Chargers’ defensive coordinator,…

Feil’s 7 Penn Plaza to lease three floors to HDR Engineering

Strong leasing momentum in the Feil Organization’s portfolio snared another new tenant —  HDR Engineering, which signed for 74,000 square feet on three full floors at 7 Penn Plaza, formerly known as 370 Seventh Ave. HDR, the largest US-based employee-owned architecture and engineering firm, will move from 500 Seventh Ave., where…

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