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State Farm granted emergency rate hike in California

MarketWatch on MSN · 13h

California approves State Farm’s request to hike home-insurance rates by 17% following wildfires

State Farm has argued the emergency rate hikes are necessary to help the company avoid a “dire” financial crisis that could force them to drop more California policies.

KCRA Channel 3 on MSN · 4h

California insurance commissioner signs off on State Farm emergency rate hike

Commissioner Ricardo Lara on Tuesday cited a decision by a Department of Insurance administrative law judge that blessed a 17% interim rate hike for homeowners in the wake of the devastating Los Angeles wildfires. That was down from the insurance company’s initial request of a 22% rate increase.

State Farm approved to raise California homeowners’ rates 17%

California Insurance Commissioner Ricardo Lara approved an emergency rate hike request by State Farm that will allow the company to increase premiums on homeowners, renters and landlords. The

19hon MSN

California man started deadly wildfire after killing woman he met on dating app

Victor Serriteno, 33, of Vacaville, was found guilty of multiple counts of murder and arson in a California court on Friday.

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Software error led to millions wrongly receiving evacuation warnings for California wildfire, report says

Genasys Inc., which oversees the alerts, said safeguards have been put in place in order to prevent the error from occurring ...

1don MSN

Hannover Re Net Profit Declines on Losses From California Wildfires

First-quarter net profit fell 14% after costs linked to the wildfires meant its large-loss budget was exceeded, but the ...

1don MSN

Insurers seek to surcharge California homeowners for L.A. County fire costs

Insurers are seeking to charge California homeowners across the state for the costs of the catastrophic Los Angeles County ...

17hon MSN

Minnesota's raging Camp House Fire explodes to nearly 12,000 acres

Three major wildfires raging out of control in the same Minnesota county have burned more than 20,000 acres combined.

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California wildfire victims turn to ‘radical’ building technique in effort to ‘beat nature at its own game’

In the aftermath of the L.A. wildfires, advocates for natural building techniques argue that materials like adobe and cob ...

4don MSN

Cal Fire debuts a new AI tool for Californians seeking wildfire information

"California is harnessing technology and innovation to help people when it matters most. Ahead of peak wildfire season, we're ...

6h

Mercury General: Still Smoldering From California Fires, But A Rebound May Be Brewing

Mercury General faced significant uncertainties due to multiple wildfires in California. Read why MCY stock is still only a ...

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