California, Hike Bid

Insurance Rate Hike Bid After L.A. Wildfires Under Scrutiny
State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe. The insurer has said it expects to pay out about $7.6 billion in claims related to the Los Angeles wildfires, although reinsurance will lower its losses to about $612 million.
California approves State Farm’s 22% insurance rate hike with conditions
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow insurers to factor in future climate risks when setting ra
California Homeowners Face Major Rate Hike: 'Unprecedented'
The California Department of Insurance on Friday announced it had provisionally approved an emergency request by State Farm, the state's largest single insurer, to raise its home insurance premiums by 22 percent provided the company can "justify it with data in a public hearing" next month.
California regulators provisionally approve State Farm steep homeowner rate hike
On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an average of 22%. He also granted the state’s largest insurer initial approval to increase premiums by 15% for renters and condo owners and 33% for rental owners.
California Allows State Farm’s Emergency 22% Hike in Homeowner’s Insurance Rates
California’s insurance commissioner said his approval was conditioned on State Farm justifying its need for the increase by bringing data to a public hearing on April 8.
Requested State Farm CA home insurance rate hike under consideration
California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant could justify the hike at a public hearing.
State Farm home insurance rates set to soar again in Bay Area
California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions attached.
Major Snow and Rain Storms To Hit California Hard 2 Months After Wildfires: How To Protect Your Home From the Elements
Meanwhile, between 1 to 3 feet of snow is expected to blanket the Sierra Nevada, raising the risk of avalanches. The NWS ...
Fact check: Trump falsely claims ‘I invaded Los Angeles.’ His water releases didn’t go to LA
In reality, the water was directed to a dry lake basin elsewhere in the Central Valley – more than 100 miles north of Los ...
"Environmental disaster": Toxic aftermath of Los Angeles fires puts public at risk, experts warn
Steve Calanog, the EPA's incident commander for the Palisades and Eaton fires called it “probably the largest lithium-ion ...
Los Angeles Residents Have No Plans to Move Because of Wildfires
Despite extensive wildfire damage in Los Angeles County, a UC Berkeley poll reveals a determination among residents to stay.
Powerful storm slams West Coast, prompting evacuations in parts of Los Angeles scarred by wildfires
A powerful March storm has been lashing the West Coast with heavy rainfall, gusty winds and snowfall in the mountains –– ...
Parts of Los Angeles Urged to Evacuate as ‘Widespread’ Rain and Snow Hit California
A storm soaking the state on Wednesday and Thursday is bringing new danger to the area hit by wildfires earlier this year.
Which is the hardest Southern California county to find a rental?
Vacancy rates for 165 big U.S. counties help us answer a fundamental apartment seeker challenge: what’s available?
Breaking: Cheseboro Fire reported in Los Angeles County on March 15
A new wildfire was reported today at 7:14 p.m. in Los Angeles County. Cheseboro Fire has been burning on federal land managed ...