In a letter to Congress, California Gov. Gavin Newsom requested $40 billion to help Los Angeles recover from January's ...
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires broke out, the state’s biggest home insurer was already waiting on an ...
Action News Now anchor Hayley Watts investigates the ongoing home insurance crisis in the state of California and looks into ...
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner ...
California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting ...
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency ...
The horrendously destructive and deadly Los Angeles wildfires erupted in January just as Insurance Commissioner Ricardo ...
The insurance commissioner must, of course, protect the interests of consumers, but one of those interests is a healthy ...
The inevitable result of a fracturing private insurance market will be the socialization of disaster losses, as seen in ...
The bigger issue continues to be just where battery plants can be located and how to make them safe,” writes the. “Large battery storage plants are being planned ...
California insurance regulators are demanding that State Farm answer“ critical questions about its financial condition” in response to the company’ s request for emergency approval of a steep rate ...