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State Farm Seeks Emergency California Rate Hike
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
State Farm Seeks Emergency California Rate Hike After LA Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
State Farm Seeks Rate Hikes in California to Offset Wildfire Payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
KTTV
1h
LIVE: California fires updates for Wednesday, Feb. 5
Residents in burn scar areas braced for rain and the potential for mud and debris flow, as the first of two systems arrived ...
23h
LA Times Today: Shocking murders, lingering doubts in a California mountain town
California law enforcement is in the midst of a culture war, with experts outside the system questioning police interrogation ...
9h
on MSN
Newsom announces plan to streamline LA wildfire recovery and food benefits for survivors
California Gov. Gavin Newsom announced an executive order streamlining Los Angeles' wildfire recovery and food benefits for ...
8d
on MSN
California is facing unprecedented ‘triple threat’ after LA fires, Redfin CEO Glenn Kelman warns
Redfin chief executive Glenn Kelman said California is facing an unprecedented “triple threat” after the LA wildfires.
1d
House members from LA want pollutants from Southern California wildfires tracked
Reps. Laura Friedman, D-Burbank, and Judy Chu, D-Pasadena, were joined by Reps. Brad Sherman, D-Sherman Oaks, and George ...
2h
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
1d
on MSN
Southern California Congress members call for investigation into LA County's emergency alert system
More than a dozen members of Congress signed letters calling for a further look into the emergency alert messaging system ...
3d
Good News: California man proposes with ring found after LA wildfires
In Altadena, California, Brian McShea and Stephanie Raynor get engaged after McShea found the diamond ring he almost lost ...
6h
on MSN
California Gov. Newsom to seek more federal funds for LA fire recovery during DC meeting with Trump
Gov. Gavin Newsom departed California on Tuesday to meet with President Donald Trump and members of Congress to discuss ...
12d
California firefighters make progress on Hughes Fire in Castaic; maps show areas under evacuation
The Palisades and Eaton wildfires also continue burning in the Los Angeles area, leaving parts of Southern California with ...
Yahoo
7d
California pushes back on Trump's claim of turning on the water in LA
35,091 people played the daily Crossword recently. Can you solve it faster than others?35,091 people played the daily ...
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