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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 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.
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.”
KTTV
17h
California fires updates: Monday, Feb. 3
Pacific Coast Highway reopened Monday at 8 a.m., but a stretch of the road will close again Tuesday due to anticipated rain.
1h
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 ...
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 ...
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, ...
3d
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 ...
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
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 ...
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
22h
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 ...
3d
on MSN
Are California Wildfires Over? Containment Status After Weeks of Fires
Numerous blazes erupted in Southern California this month, consuming thousands of acres and killing at least 29 people.
6h
Famed Pacific Coast Highway reopens nearly 1 month after LA fires ripped through city
Nearly a month after deadly wildfires ripped through Los Angeles neighborhoods, the Pacific Coast Highway has finally ...
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