California insurance regulators approve State Farm’s request for massive homeowner rate hike
California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance Commissioner Ricardo Lara announced he will allow State Farm to raise homeowners’ rates by an average of 22%.
L.A. rents have risen 0.7% for the first two months of the year, more than double the 0.3% increase for local units a year ...
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...
The Eaton Fire, one of multiple fires that torched the region in January, destroyed much of unincorporated Altadena, scorching county parks and trails, a nature center and other essential ...
Los Angeles County filed a lawsuit Wednesday against Southern California Edison over the deadly Eaton Fire in the Altadena ...
9don MSN
Los Angeles County said Wednesday that it’s suing Southern California Edison, alleging the utility’s equipment sparked ...
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