State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, claiming the Los Angeles County fires have put California's largest insurer in dire financial straits.
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 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 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 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 Rate Increase Following Los Angeles Fires
Insurer State Farm has asked the state of California to approve interim rate increases in the wake of wildfires that ravaged the Los Angeles area. State Farm said Monday it asked the state's Department of Insurance for an immediate approval to the rate increases,
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.
As Los Angeles rebuilds after fires, some fear Trump's immigration policies will make it harder
In California, 41% of construction workers are immigrants, some of whom are in the country without legal documents.
Why do arsonists set fires? The reasons are sometimes dark and surprising
Arson arrests in the wake of the LA Fires have put a spotlight on the question of why people deliberately set fires. It turns ...
PCH reopens a month after deadly fires; proof-of-residence or entry passes required in burn areas
Iconic Pacific Coast Highway reopened Monday morning, nearly a month after it was closed when flames from the deadly ...
Palisades, Eaton fires in Southern California 100% contained, officials say
The Palisades Fire and Eaton Fire that burned thousands of acres in the Los Angeles area have been 100% contained, fire ...
What this volunteer has found in charred wreckage of LA fires
When fire victims return to find nothing but charred wreckage, many assume their irreplaceable belongings perished. Jeff Levy ...
MLB fires umpire Pat Hoberg, who called his own perfect game in Astros-Phillies World Series
Umpire Pat Hoberg, whom Houston Astros fans might remember from his perfect game behind the plate in Game 2 of the 2022 World ...
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
MLB fires umpire Pat Hoberg for sharing betting accounts with pro poker player who bet on baseball
Major League Baseball has fired umpire Pat Hoberg after he shared sports betting accounts with a professional poker player ...
Oregon Department of Corrections fires top two officials who oversaw medical care
Dr. Warren Roberts and Joe Bugher were fired Monday morning, a Department of Corrections spokesperson confirmed.
MLB fires ump Pat Hoberg over betting violations
Major League Baseball on Monday upheld its decision to fire umpire Pat Hoberg for violating the league's betting policies.
Trump Fires CFPB Director Rohit Chopra
“President Trump’s decision to fire CFPB Director Rohit Chopra marks the end of an era of strong consumer protection and the ...