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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 emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an average of 22%.
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.
LA wildfires: Famed Pacific Coast Highway reopens nearly 1 month after disaster
The Pacific Coast Highway in Malibu, California, partially reopened on Monday, for the first time since fires tore through neighborhoods, destroying homes and businesses.
Pacific Coast Highway Reopens Nearly 4 Weeks After Devastating Fire
The stretch of the highway along the Pacific Ocean between Santa Monica and Malibu reopened to regular traffic. Some local officials believe it is too soon.
11h
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 ...
6h
on MSN
2.2 billion gallons of water flowed out of California reservoirs because of Trump’s order to open dams
There are two major problems with Trump’s order, water experts said: The water will not flow to Los Angeles, and it is being ...
6h
Breaking: New wildfire reported in Los Angeles County on Feb. 3
First discovered: 5 p.m. Feb. 3 A new wildfire was reported today at 5 p.m. in Los Angeles County. The wildfire has been ...
LAist
9h
Best things to do this week in Los Angeles and Southern California: February 3 - 6
Catch more live music benefitting wildfire relief at the Give a F*ck benefit concert, attend a talk from iconic artist Ed ...
4h
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 ...
7d
on MSN
California is facing unprecedented ‘triple threat’ after LA fires, Redfin CEO Glenn Kelman warns
Redfin chief executive Glenn Kelman said California is facing an unprecedented “triple threat” after the LA wildfires.
5h
The University of California Increased Diversity. Now It’s Being Sued.
The state’s elite campuses, prohibited from using race-based admissions for decades, are now admitting more Black and ...
1d
on MSN
Lady Gaga, Bruno Mars perform 'California Dreamin'' in tribute to LA at Grammys
In a stirring tribute to a city in crisis, Lady Gaga and Bruno Mars sang "California Dreamin'" at Sunday night's Grammys ...
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