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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 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
Pacific Coast Highway reopens a month after deadly fires
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 reopened in Malibu, California.
Pacific Coast Highway Reopens Following Historic California Wildfires
PCH's closure has severely disrupted local transportation networks and emergency response capabilities across Los Angeles County.
Pacific Coast Highway reopens nearly a month after devastating Southern California wildfires
The Pacific Coast Highway is back open in Malibu, California, nearly a month after the deadly Palisades Fire ripped through hillside Los Angeles neighborhoods, destroying properties all the way down to the beach.
59m
Los Angeles Had Substandard Hydrants Near Devastating Fire’s Starting Point
The Palisades fire first took hold in a neighborhood where many hydrants had only a single, small outlet for firefighters to ...
16h
on MSN
Why the water Trump ordered released in California won't help Los Angeles firefighting
The water released from two California reservoirs will likely go to waste, not help Los Angeles with firefighting, experts ...
2h
Developer Rick Caruso announces foundation aimed at rebuilding after Southern California wildfires
He says Steadfast LA is “about getting our hands dirty, breaking through obstacles and physically rebuilding — brick-by-brick ...
Artemis
1h
LA wildfires trigger cat bond market’s first-ever negative January return: Icosa
Recent estimates suggest that insured losses from the Los Angeles, California wildfires could be higher than anticipated. As ...
8h
What we know about the victims killed in the California wildfires
At least 29 people have died in the fires across the Los Angeles area. At least two of the people killed in the Southern ...
NBC Los Angeles
1d
As crews clean up from LA fires, some residents are furious over hazardous waste
The blazes that began on Jan. 7 charred thousands of buildings, cars and electronics across the Los Angeles area, creating ...
2d
Firefighters battling deadly California wildfires reach critical milestone on road to recovery
After wreaking havoc for more than three weeks, the deadly Palisades and Eaton Fires are now 100% contained. Here’s a look ...
2d
Good News: California man proposes with ring found after LA wildfires
In Altadena, California, Brian McShea and Stephanie Raynor get engaged after McShea found the diamond ring he almost lost ...
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