State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
As State Farm seeks to raise rates in the aftermath of the destructive wildfires in Southern California, one consumer ...
California’s largest private insurer dropped policies in high-risk areas, leaving homes financially unprotected from last ...
Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...
After the pandemic, most home insurers were fleeing wildfire-prone areas of California. But State Farm was there—and making a huge bet. It gobbled up market share—and generated substantial ...
California’s smallest paychecks averaged 25% growth during the past five years. The largest earners got just 19%.
The post Google Maps Shows True Devastation of California Wildfires as Total Cost of the Damage Is Revealed appeared first on ...
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...