California Homeowners Hit With Sudden 22 Percent Insurance Rate Increase
As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised ...
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 ...
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...
California senator questioned in FBI investigation is tapped again to lead Insurance Committee
Susan Rubio, a Democrat from Baldwin Park, will refill the vacancy that Senate leaders briefly left open for a few weeks ...
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 ...
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 ...
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California homeowners brace for 22% insurance rate hike following wildfires
State Farm said it wants to raise rates for millions of California homeowners due to increasing wildfire risks.
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State Farm, California’s largest fire insurance provider, is pushing for rate increases
Why it matters: State Farm has the most California customers out of any other insurer, according to the company. It expects ...
California fires show states’ ‘last resort’ insurance plans could be overwhelmed
California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...
Opinion
Opinion: Time to reimagine fire insurance coverage in California
State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...