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State Farm Seeks Emergency California Rate Hike
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 asks for insurance rate hike of 22 percent after L.A. fires
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in the history of the company.”
State Farm looking to increase rates for homeowner policies by 22% following LA fires
State Farm filed a request with the state Monday for an emergency 22% rate hike for homeowner policies, calling the increase essential to stave off a "dire situation" for customers and the insurance industry in the state.
2h
on MSN
PCH reopens a month after deadly fires; proof-of-residence or entry passes required in burn areas
Iconic Pacific Coast Highway reopened Monday morning, nearly a month after it was closed when flames from the deadly ...
2d
on MSN
Palisades, Eaton fires in Southern California 100% contained, officials say
The Palisades Fire and Eaton Fire that burned thousands of acres in the Los Angeles area have been 100% contained, fire ...
2d
on MSN
California’s Palisades and Eaton fires both 100 percent contained —three weeks after erupting
The deadly Palisades and Eaton wildfires have finally been 100% contained — more than three weeks after they broke out in Los ...
1d
on MSN
Southern California fires: The daunting task of clearing the debris
Contractors test soil samples for contaminants like lead or mercury and remove tainted soil. If a section still tests high, ...
1d
on MSN
Funds to fight fires — not crime — is new priority for many California cities
Many municipalities are already considering approaching voters with a wide range of new taxes and borrowing measures they ...
2d
California Wildfire Updates: Palisades, Eaton Fires Reach Full Containment
Tuesday, 5:30 p.m. PST Los Angeles County public health officials issue closures of several miles of beach near the Palisades ...
1d
on MSN
California should expedite rules that could have helped mitigate L.A. fires, lawmakers say
Lawmakers are calling on the state to expedite rules for ember-resistant defensible space zones around homes that some ...
E&E
15h
House Judiciary Republicans take on California fires
Wisconsin GOP Rep. Scott Fitzgerald, who chairs the subcommittee, alleges that California failed to adequately manage lands ...
FOX 11 Los Angeles on MSN
6d
California fires updates for Tuesday, Jan. 28
Although evacuation orders have since been lifted for most of LA County, fire survivors continue to face the road to recovery ...
5h
on MSN
Famed California Pacific Coast Highway reopens a month after wildfires tore through Los Angeles
Famed California Pacific Coast Highway reopens a month after wildfires tore through Los Angeles - The Pacific Coast Highway ...
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