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Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.
The homeowners insurance crises in California and Florida have drastically different causes, but they have one element in common: both coastal states are particularly vulnerable to natural disasters, ...
Despite a five-fold increase in state-designated danger zones, private carriers use their own risk templates for determining ...
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry ...
Premiums in disaster-prone regions have increased by up to 400%, posing a systemic financial risk. Don't expect it to be an ...
Tesla's vehicles sold in the US are made domestically at its factories in California and Texas. Trump said he did not consult with Tesla CEO Elon Musk on the auto tariff, citing potential ...
Barclays PLC lifted its holdings in The Hanover Insurance Group by 61.5% in the third quarter. Barclays PLC now owns 27,155 shares of the insurance provider’s stock worth $4,022,000 after ...
A man fearing deportation paid a woman $100,000 in an extortion scheme, California deputies say. Riverside County deputies got a report March 4 about a man who had paid over $100,000 to a woman in ...
Photo from Hemet Police Department When Dori De Ann Jamison’s ex-boyfriend hadn’t heard from her in several days in 2014, he went to check on her at her California home. However, no one ...
“The biggest change in the model that is affecting the zones is we're using localized weather now,” Cal Fire Capt. Jim McDougald said. “We're getting weather from stations throughout the state of ...
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