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.
California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the
Insurance company seeks emergency rate hike after deadly California wildfires
State Farm General, California’s largest insurance provider, is seeking a rate hike after the catastrophic firestorm that impacted Los Angeles County in January.
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
On Monday, the company sent a letter requesting the California Department of Insurance approve emergency rate increases averaging 22% for homeowners statewide. It also asked for a 15% increase for renters and condo owners and a 33% hike for rental owners.
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.
CA’s largest property insurer demanding 22% rate hike after wildfires
State Farm, California’s largest property insurer, is demanding a 22% emergency rate hike after the Southern California fires, saying that over the last years it has
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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 ...
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more ...
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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 ...
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 ...
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 ...
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.
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 ...
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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 ...
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Corpus Christi firefighters return home from fighting the California wildfires.
Three Corpus Christi firefighters - Pete Maldonado, Scott Marsh and Robert Cruz - spent over two weeks fighting against the California wildfires.