California regulator mulls State Farm’s request for 22% premium hike for homeowners after LA fires
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing.
California Homeowners Face Major Rate Hike: 'Unprecedented'
The California Department of Insurance on Friday announced it had provisionally approved an emergency request by State Farm, the state's largest single insurer, to raise its home insurance premiums by 22 percent provided the company can "justify it with data in a public hearing" next month.
California regulators provisionally approve State Farm steep homeowner rate hike
On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an average of 22%. He also granted the state’s largest insurer initial approval to increase premiums by 15% for renters and condo owners and 33% for rental owners.
State Farm executive fired over comments on premium hikes after California wildfires
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.
California Allows State Farm’s Emergency 22% Hike in Homeowner’s Insurance Rates
California’s insurance commissioner said his approval was conditioned on State Farm justifying its need for the increase by bringing data to a public hearing on April 8.
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%.
Major Snow and Rain Storms To Hit California Hard 2 Months After Wildfires: How To Protect Your Home From the Elements
Meanwhile, between 1 to 3 feet of snow is expected to blanket the Sierra Nevada, raising the risk of avalanches. The NWS ...
2 California wildfire victims explain why they wouldn't rebuild again
Construction costs will likely be even higher for victims of LA's most recent fires, as the scale of the destruction far ...
Powerful storm causes mudslides in California, threatens outbreak of tornadoes and wildfires across US this week
A powerful storm dropping drenching rain on flood-prone Southern California is raising concern among forecasters that it ...
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California Voice: Devastating LA wildfires offer painful lesson on where to build
Southern California wildfires that have claimed at least 29 lives and destroyed entire neighborhoods leave us with only one ...
New Scientist2d
California isn't clearing forests fast enough to tame wildfires
To reduce the growing risk of intense wildfires, California is cutting and burning the areas that fuel them – but these ...
Remains are those of California firefighter who went missing after crew boss died in El Dorado Fire
Carlos Baltazar, 35, of La Puente, was last seen by his family on Sept. 20, 2020. He reportedly had gone to the barracks of ...
Cal Fire rolls out new fire hazard maps for Central California. Up next: L.A.
Cal Fire added over 1.2 million acres in Central California to its fire hazard severity zones. New maps for Southern ...
NBC Los Angeles on MSN1d
Rebuilding after the fires: Cleanup efforts push forward despite rain
The U.S. Army Corps of Engineers and local officials continue debris removal in Palisades and Altadena as the rebuild process begins ...