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State Farm seeks 22% home insurance rate hike
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial challenges.
LA wildfires highlight nation’s insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires.
State Farm seeks 22% home insurance rate hike after California wildfires
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, which has operated in California for nearly a century,
Marketplace
1h
Loss of costly homes in urban areas made LA wildfires a financial disaster
A UCLA report estimates $75 billion in insured losses alone, far more than the next four most destructive California ...
7h
on MSN
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
KTTV
10h
LIVE: California fires updates for Wednesday, Feb. 5
Residents in burn scar areas braced for rain and the potential for mud and debris flow, as the first of two systems arrived ...
3d
on MSN
This 79-year-old lost her home in the California wildfires. ‘I hope to live long enough to see it rebuilt'
Karen Bagnard lost her home of more than 50 years in Altadena, California, to the area’s devastating wildfires. Now, she ...
7d
on MSN
What California families saved before wildfires destroyed their homes: Heirlooms, stuffed animals and more
From practical items like clothing to sentimental keepsakes like journals, these are the belongings residents grabbed in the ...
30m
L.A. County wildfire losses seen as high as $164 billion, UCLA Says
The estimate — equivalent to more than three times LA County’s annual budget — would rank the wildfire toll second only to ...
6d
on MSN
Why California keeps putting homes where fires burn
CalMatters reports on the alarming issue of home development in highly flammable areas in the state of California.
3h
Southern California wildfires expected to cost billions
It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to ...
Marin Independent Journal
2h
California Voice: Wealth will dictate LA fire recovery unless state learns from mistakes of past disasters
The wildfires sweeping through Los Angeles County have left a devastating mark, consuming more than 40,000 acres, taking ...
1d
California man returns home after fire to find giant bear has moved in
Wildlife officials had to work for nearly 24 hours and set a food trap full of special treats to coax the massive, 525-lb. bear out.
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