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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 story of contrasting fortunes and unequal recovery, a stark reflection of the nation's growing home insurance crisis.
Insurance company seeks emergency rate hike after deadly California wildfires
State Farm General, California’s largest insurance provider, is seeking a rate hike after the catastrophic firestorm that impacted Los Angeles County in January.
State Farm seeks 22% home insurance rate hike after California wildfires
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, which has operated in California for nearly a century,
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
On Monday, the company sent a letter requesting the California Department of Insurance approve emergency rate increases averaging 22% for homeowners statewide. It also asked for a 15% increase for renters and condo owners and a 33% hike for rental owners.
CA’s largest property insurer demanding 22% rate hike after wildfires
State Farm, California’s largest property insurer, is demanding a 22% emergency rate hike after the Southern California fires, saying that over the last years it has
9h
on MSN
California Governor Newsom travels to Washington for wildfire aid
California Governor Gavin Newsom is traveling to Washington, D.C., on Tuesday to meet with Trump administration officials and ...
7h
Southern California faces extended stretch of heightened wildfire dangers
Southern California faces an increased wildfire threat that is expected to last through most of 2025. While fire activity ...
1d
on MSN
California flood watch raises risk of mudslides days after wildfire containment
Heavy rain could produce flooding, mudslides and debris flows in northern and central California, and it is expected to take ...
17h
on MSN
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 ...
3d
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 ...
3d
on MSN
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
5d
on MSN
California Wildfire Map: Update on Containment as New Fire Starts
All wildfires burning in Southern California were largely contained as of Thursday morning, even after a new fire ignited in ...
4d
NASA Satellites Show How California’s Wildfire Crisis Was Years in the Making
The largest fires started on January 7 and devastated swathes of L.A., including Pacific Palisades and Altadena. The fires ...
Crain's Chicago Business
15h
State Farm looks to raise premiums 22% in California as wildfire costs climb
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
11d
California Wildfire Map Update As 5 New Fires Erupt
Nine wildfires are currently burning across Southern California as of Friday morning, five of which ignited yesterday.
4d
Here’s How California Cannabis Businesses Are Handling Wildfire Losses
Of the over 16,000 structures destroyed in the recent rash of wildfires in Southern California, many cannabis businesses were ...
15h
on MSN
Rain is coming to Southern California. Will it be enough to end fire season?
Two distinct systems will bring widespread light to moderate rain to Southern California: one on Tuesday into Wednesday and ...
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