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By Pat Maio, LOS ANGELES DAILY NEWS The state’s insurance of last resort is charging a $1 billion special assessment to private…
Feb 14, 2025By Tran Nguyen, ASSOCIATED PRESS https://apnews.com/article/california-wildfires-insurance-fair-plan-dfb7cda506560ec50edee8ad72cbcda8 California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more…
Feb 14, 2025By Levi Sumagaysay, CALMATTERS After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a…
Feb 13, 2025By Laurence Darmiento, LOS ANGELES TIMES https://www.latimes.com/business/story/2025-02-11/fair-plan-to-assess-insurers-1-billion-for-l-a-fires-with-consumers-on-hook-for-nearly-half The California FAIR Plan received approval Tuesday from the state’s insurance commissioner to assess its…
Feb 12, 2025
Consumer Watchdog says affected customers should not have to pay and it will fight what it calls a bailout.
Feb 12, 2025
Consumer Watchdog warns that this will likely drive up insurance costs for all other homeowners across the state, as insurers pass on…
Feb 12, 2025By Andrew Sheeler, SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article299929444.html Should businesses be allowed to charge you more for the price of goods and services based…
Feb 11, 2025
By Ivan Penn, THE NEW YORK TIMES Southern California Edison said video evidence had led it to look more broadly at whether…
Feb 7, 2025By Kenneth Schrupp, THE CENTER SQUARE https://www.thecentersquare.com/california/article_3d184398-e34a-11ef-8404-af4bae061b9b.html (The Center Square) – California Gov. Gavin Newsom’s executive order for Los Angeles fire “relief”…
Feb 6, 2025By Dan Bacher, DAILY KOS https://www.dailykos.com/story/2025/2/5/2301645/-New-2024-CA-Oil-Drilling-Permits-Drop-to-73-But-Oil-Regulators-Drop-Ball-on-Bonding Los Angeles, CA—Approvals for new oil well drilling permits in California dwindled to 73 in 2024…
Feb 5, 2025By Levi Sumagaysay, CALMATTERS State Farm, the largest insurer for California homeowners, this week asked the state to approve “emergency” rate increases…
Feb 5, 2025By Laurence Darmiento, LOS ANGELES TIMES https://www.latimes.com/business/story/2025-02-03/state-farm-californias-largest-homeowners-insurer-asked-monday-for-an-emergency-22-rate-increase State Farm General, California’s largest home insurer, asked state officials for an emergency rate hike…
Feb 5, 2025By Blanca Begert, POLITICO https://www.politico.com/newsletters/california-climate/2025/02/04/why-tesla-needs-a-trump-lifeline-00202519?nname=california-climate&nid=00000189-315c-d8dd-a1ed-797dc9f10000&nrid=9df49bfd-52ce-419e-b9c2-dba48e0990e3 OIL COUNT: The U.S. may have had a record high year (opens in new tab) for oil drilling, but in…
Feb 5, 2025By Ethan Varian, MERCURY NEWS State Farm, the largest insurance company in California, has for its customers and the broader insurance market…
Feb 4, 2025By Megan Fan Munce, SAN FRANCISCO CHRONICLE https://www.sfchronicle.com/california-wildfires/article/state-farm-insurance-financial-20137020.php State Farm General, already facing financial peril before the Los Angeles wildfires, has asked…
Feb 4, 2025By Staff Reporters, KFI-AM – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.
Feb 4, 2025By Anabel Sosa, THE LOS ANGELES TIMES https://www.latimes.com/california/story/2025-01-30/insurance-committee-chair-corruption-probe State Sen. Susan Rubio, a Democrat from Baldwin Park, was reappointed last week as chair…
Jan 31, 2025