{"id":21330,"date":"2025-07-24T20:16:07","date_gmt":"2025-07-24T20:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/21330\/"},"modified":"2025-07-24T20:16:07","modified_gmt":"2025-07-24T20:16:07","slug":"venture-capitals-new-bailout-your-401k","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/21330\/","title":{"rendered":"Venture Capital\u2019s New Bailout: Your 401(k)"},"content":{"rendered":"\n<p>This is a web version of<\/p>\n<p> The Lever\u2019s daily email newsletter.<\/p>\n<p><\/p>\n<p>\ud83d\udd25 Today\u2019s <a href=\"https:\/\/www.levernews.com\/court-records-reveal-feds-shifting-story-on-epstein-files\/\" rel=\"nofollow noopener\" target=\"_blank\">Lever story<\/a>: The government\u2019s official story about the Epstein files <a href=\"https:\/\/www.levernews.com\/court-records-reveal-feds-shifting-story-on-epstein-files\/\" rel=\"nofollow noopener\" target=\"_blank\">keeps changing<\/a>.\u00a0<\/p>\n<p>\ud83c\udfa7 New on <a href=\"https:\/\/www.levernews.com\/the-fight-for-control-of-your-money\/\" rel=\"nofollow noopener\" target=\"_blank\">Lever Time<\/a>: What\u2019s at stake in the <a href=\"https:\/\/www.levernews.com\/the-fight-for-control-of-your-money\/\" rel=\"nofollow noopener\" target=\"_blank\">showdown<\/a> between Trump and Federal Reserve head Jerome Powell?\u00a0<\/p>\n<p>\ud83d\udc47 Spend three minutes reading this 917-word newsletter to learn about:\u00a0<\/p>\n<p>Just how rich homeowners insurers are getting off your premiums.The fight to stop Elon Musk from poisoning Tennessee.How the Trump administration could soon control one of the country&#8217;s greenest energy markets.Why your 401(k) may become private equity\u2019s new \u201cdumping ground.\u201d<\/p>\n<p>TODAY&#8217;S NUGGETS <\/p>\n<p>\ud83c\udfe0 Profiteering pays off. Performance-based pay packages have seen home insurance executives showered in lucrative awards at the expense of homeowners, driving premiums sky-high and making the industry <a href=\"https:\/\/revolvingdoorproject.substack.com\/p\/dont-let-home-insurers-fool-you-theyre\" rel=\"nofollow noopener\" target=\"_blank\">more profitable<\/a> than ever, The American Prospect <a href=\"https:\/\/prospect.org\/power\/2025-07-23-home-insurance-executives-raking-it-in\/\" rel=\"nofollow noopener\" target=\"_blank\">reports<\/a>. Homeowners insurers\u2019 profits exploded to $167 billion last year, up 330 percent from 2022. That means C-suite pay is up: At nine of the biggest home insurance companies in the U.S., executives on average were given a 30 percent raise over 2023, collectively earning $310 million in 2024,\u00a0a\u00a0Public Citizen and Revolving Door Project analysis finds.<\/p>\n<p>Home insurance premiums have increased <a href=\"https:\/\/consumerfed.org\/press_release\/new-report-finds-american-homeowners-faced-24-increase-in-homeowners-insurance-premiums-over-the-past-three-years\/\" rel=\"nofollow noopener\" target=\"_blank\">24 percent<\/a> since 2022, amounting to a combined $21 billion price hike for homeowners.<\/p>\n<p>            Create a FREE account, or log in. <\/p>\n<p>Registered readers of The Lever get access to a limited number of free articles every month, breaking news alerts, and our Lever Daily newsletter.<\/p>\n<p>Already have an account? <a data-portal=\"signin\">Sign in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"This is a web version of The Lever\u2019s daily email newsletter. \ud83d\udd25 Today\u2019s Lever story: The government\u2019s official&hellip;\n","protected":false},"author":2,"featured_media":21331,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137],"class_list":{"0":"post-21330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-entrepreneurship"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/21330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=21330"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/21330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/21331"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=21330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=21330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=21330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}