State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after premiums were kept artificially low.
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.”
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,
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.
State Farm seeks 22% home insurance rate hike after California wildfires
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, which has operated in California for nearly a century,
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
On Monday, the company sent a letter requesting the California Department of Insurance approve emergency rate increases averaging 22% for homeowners statewide. It also asked for a 15% increase for renters and condo owners and a 33% hike for rental owners.
Update: Magic Fire in Los Angeles County – Feb. 4 status
Magic Fire initially started 4:03 p.m. Feb. 2 in Los Angeles County. It has been burning on federal land managed by the ...
Los Angeles fires highlight risk of 'uninsurable future,' experts say
Soon after wildfires broke out in Los Angeles, California, earlier this month, Jewlz Fahn received a panicked call from her ...
ABC 7 Los Angeles on MSN23m
Family searching for fire crew who saved their home during Eaton Fire: 'We'd like to thank you'
"Come back," said Eric Mills. "We'd like to thank you properly in person, or let us know where you're at and we'll come to ...
Los Angeles prepares for two rain systems as burn scar areas remain on edge for potential mudslides
The Los Angeles area is preparing for the tail end of an atmospheric river that will bring "beneficial rain," forecasters say ...
Breaking: New wildfire reported in Los Angeles County on Feb. 4
First discovered: 9:16 a.m. Feb. 4 A new wildfire was reported today at 9:16 a.m. in Los Angeles County. The wildfire has ...
Mansion Global1h
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
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 ...
Los Angeles fire cleanup complicated by 'unprecedented' number of EVs with combustible lithium-ion batteries
California wildfire cleanup is complicated by highly combustible lithium-ion batteries found in electric and hybrid vehicles ...
Santa Rosa Press Democrat21h
Santa Rosa wrote the playbook for the long road to recovery after 2017 Tubbs Fire. These lessons could aid Los Angeles
Nearly a month since blazes ignited across Los Angeles County, the channels of communications have been established between ...
Los Angeles' Eaton Fire is 100% contained, Cal Fire says
Containment measures the percentage of a fire's perimeter that firefighters have under control. Parts of the fire's interior ...
GameSpot1h
Activision Raises $2.6 Million For Los Angeles Fire Relief Efforts Via Call of Duty DLC And More
Activision made a $1 million donation and brought in $1.6 million from in-game DLC sales for Black Ops 6 and Warzone.
He’s painted Altadena for 40 years. Now he is painting the ruins of the Eaton fire
Keni “Arts” Davis has depicted many of Altadena’s changes with a paintbrush.