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BY Michael S. Fischer, PROPERTY CASUALTY 360 https://www.propertycasualty360.com/2024/10/31/consumer-group-state-farm-bungled-california-reinsurance/?slreturn=20241031150559 A Los Angeles-based advocacy group alleges that California’s State Farm General unnecessarily bought hundreds of…
Oct 31, 2024By Staff Reporters, 99.1 KBU – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.
Oct 30, 2024
Consumer Watchdog accuses State Farm of now trying to raise the rates by 30%, to offset costs, and then funnel money to…
Oct 29, 2024
The National Organization for Women, LA Times editorial board, and nonpartisan Consumer Watchdog oppose the measure.
Oct 29, 2024
Consumer Watchdog claims State Farm general has grossly overpaid its parent company for reinsurance over the past decade and is trying to…
Oct 29, 2024By Staff Reporters, KNX-AM – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.
Oct 29, 2024By Laurence Darmiento, LOS ANGELES TIMES https://www.latimes.com/business/story/2024-10-28/state-farm-general-mutual-reinsurance-rate-hike State Farm General, California’s largest home insurer, is being accused of boosting the profits of its…
Oct 28, 2024By Russ Mitchell, LOS ANGELES TIMES https://www.latimes.com/environment/story/2024-10-18/another-refinery-shuts-down-in-california-what-happens-to-gas-prices California’s attempt to manage a smooth transition away from gasoline just got roughed up with this…
Oct 21, 2024By Julia Métraux, MOTHER JONES California’s statewide rent control law, the Costa-Hawkins Act, has been contentious since it was signed into law in 1995.…
Oct 16, 2024By Robert Kuttner, THE AMERICAN PROSPECT https://prospect.org/economy/2024-10-15-hurricanes-profit-center-insurers To compensate for exaggerated expectations of claims, they jack up rates and hollow out coverage,…
Oct 15, 2024BY YUE STELLA YU AND JEREMIA KIMELMAN, CALMATTERS A $1,044 outing at a glitzy Hollywood nightclub. A $1,316 meal at a Los Angeles steak and…
Oct 15, 2024
The new law requires oil refineries to have to keep a minimum inventory of fuel to avoid shortages, and authorizes the california…
Oct 15, 2024By Staff Reporters, KPCC-FM – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.
Oct 14, 2024By Kristin J. Bender, MERCURY NEWS Surrounded by legislative backers, Gov. Gavin Newsom on Monday signed a bill that he says will…
Oct 14, 2024
By Laurence Darmiento, Los Angeles Times https://www.latimes.com/business/story/2024-08-29/allstate-34-1-percent-rate-increase-homeowners-insurance Allstate has received approval to raise its California homeowners insurance premiums by an average of 34%…
Oct 14, 2024By BLANCA BEGERT, POLITICO With help from Wes Venteicher, Mike Lee, Timothy Cama and Alex Nieves https://www.politico.com/newsletters/california-climate/2024/10/07/the-case-of-the-missing-47-cents-00182798?nname=california-climate&nid=00000189-315c-d8dd-a1ed-797dc9f10000&nrid=0000014f-890a-d780-a9ef-9d7a82c30000&nlid=2745178 THE OTHER GAS PRICE DEBATE: Gov. Gavin…
Oct 10, 2024By Alex Bell, ABC10 https://www.abc10.com/article/news/local/sustainable-insurance-strategy-the-plan-california-home-insurance/103-58526888-297f-4634-8cd2-7dec5f686b72 SACRAMENTO, Calif. — California Insurance Commissioner Ricardo Lara is promoting the biggest overhaul to the state’s insurance market…
Oct 10, 2024