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State Farm Seeks Emergency California Rate Hike
State Farm Seeks Emergency California Rate Hike After 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
2h
LIVE: California fires updates for Tuesday, Feb. 4
As thousands continue the road to recovery, those in burn scar areas must prepare for two rainstorms forecast to hit Southern ...
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 ...
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 ...
KTTV
1d
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.
3d
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, ...
E&E
1d
House Judiciary Republicans take on California fires
Wisconsin GOP Rep. Scott Fitzgerald, who chairs the subcommittee, alleges that California failed to adequately manage lands ...
2d
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 ...
10d
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.
2d
California's Palisades and Eaton fires are fully contained as recovery continues
After nearly a month, the two biggest wildfires in Los Angeles County are 100% contained. Kenny Choi reports on what the ...
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