A California judge has ruled the state's bare-bones home insurance program's handling of smoke damage claims is unlawful, a decision that could have wide-ranging implications as insurers increasingly deal with the aftermath of wildfires. It's a significant court decision that favors property owners in a state where the risk of catastrophic wildfires has increasingly intensified alongside a brewing home insurance crisis that exposes just how limited coverage can be in a disaster. On Tuesday, Los Angeles Superior Court Judge Stuart M. Rice issued a decision in the case brought by homeowner Jay Aliff, the plaintiff who first sued in 2021 to challenge the California Fair Access to Insurance Requirements Plan, also known as the FAIR Plan.

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs. The company said Sunday that it will look to sell "substantially all of its assets" through a court-approved reorganization plan. The company also said Anne Wojcicki had resigned as CEO but would remain on the company's board. Her resignation comes weeks after a board committee had rejected a nonbinding acquisition proposal from Wojcicki. Shares of 23andMe have shed nearly all their value since last spring and plunged below $1 in early Monday trading.