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California, State Farm and Emergency Rate

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Newsweek |
California's largest property insurer, State Farm, started an emergency hearing on Tuesday to increase its rates for homeowners and renters, a move the company says is necessary due to the enormous lo...
Yahoo |
California's largest insurer, State Farm General, is seeking a 22% rate hike after $7.5 billion in wildfire losses.

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State Farm pleads for emergency rate hikes on California homeowners
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
California Insurer's Major Emergency Rate Hike Request Under Scrutiny
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm begins emergency insurance rate hearing in wake of Southern California wildfires
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay more than $7 billion in claims.
What rising insurance rates mean for homeowners in disaster zones
California's largest insurer, State Farm General, is seeking a 22% rate hike after $7.5 billion in wildfire losses. For insight into how climate change could impact coverage nationwide, Jeremy Porter,
Hearing on State Farm’s 22% emergency rate hike request starts this week
But before giving his final sign-off, Lara ordered State Farm representatives to appear before an administrative judge to justify the company’s request — a rare move for a rate hike proposal. That multi-day public hearing starts Tuesday in Oakland and could last through Thursday.
State Farm Rate Hike Hearing
Day two of a first of its kind emergency hearing in Northern California to determine if State Farm will get the rate increased it says it needs to stay afloat in California, On Your Side's Kristine Lazar gives details on the hearing with Consumer Watchdog's founder Harvey Rosenfield.
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Army Chemical Corps specialist takes charge during wildfire response mission in California
A U.S. Army Chemical Corps specialist took charge of a hazardous materials team during a wildfire response mission in Southern California.
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Los Angeles turned a profit on its last Olympics, and city near 'fiscal emergency' has no margin for budget miss in 2028
"We've gone from record levels of General Fund reserves 18 months ago to the brink of needing to officially declare a 'fiscal emergency ... several years for Los Angeles to rebuild, but Burbank said he does not expect the wildfires to have a direct ...
Delays, excuses mount over release of public records from Palisades Fire
As we approach three months since the devastating Los Angeles firestorm, media outlets, including KTLA, continue to face delays in our efforts to get answers about what happened and how to prevent
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Firefighters who Battled CA Wildfires Have Increased Levels of Lead and Mercury
"We are very concerned and worried," said Los Angeles Fire Department Capt. Kevin Frank. The LAFD has so far taken blood and urine samples of about 350 of its firefighters, as part of an ongoing nationwide study, funded by the Federal Emergency Management ...
Los Angeles City Council to vote on using ULA funds for wildfire rent relief
The council will vote on a proposal to use $15M from Measure ULA for rent relief for wildfire victims—drawing support, criticism.
The Associated Press on MSN7d
Death toll from the wildfires that tore through the Los Angeles area reaches 30
Nearly three months after two wildfires destroyed thousands of homes in the Los Angeles area, officials say the combined death toll from the blazes has reached 30 LOS ANGELES -- Nearly three months after two wildfires destroyed thousands of homes in the ...
Ventura County Fire Department ambulances offer emergency blood transfusions
The emergency blood transfusion program enables firefighter-paramedics to stabilize severely injured patients before arriving at the hospital.
Over 80,000 Evacuated in Los Angeles Amid Uncontrolled Wildfires
With over 80,000 people displaced, the scale of the evacuations in Los Angeles is unprecedented. Emergency services are working tirelessly to provide shelter and aid to those affected. According to the Los Angeles Fire Department,
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