California economy

California Residents Brace for Home Insurance Rate Hike

News Summary California homeowners are facing a potential 22% increase in home insurance rates as State Farm seeks to adjust…

2 months ago

Wall Street Turbulence Raises Concerns Over Possible Recession Impact on California Economy

News Summary Recent fluctuations on Wall Street are raising alarms about the potential impact on California's economy. Despite some annual…

2 months ago

California Approves Major Rate Hike for State Farm Homeowners Insurance

News Summary California's Insurance Commissioner has provisionally approved a 22% interim rate hike for State Farm's homeowners insurance policies. This…

2 months ago

California’s SureChoice Underwriters Introduces Non-Admitted BOP

News Summary SureChoice Underwriters has launched a new non-admitted business owners policy (BOP) in California, addressing the urgent need for…

2 months ago

Missouri Farmers Express Concerns Over California’s Proposition 12

News Summary Missouri farmers are voicing concerns over California's Proposition 12, which sets new space requirements for farm animals, set…

2 months ago

California Wildfires Cause Major Insurance Crisis

News Summary California is facing devastating wildfires, impacting over 12,000 buildings and setting the stage for an unprecedented insurance crisis.…

2 months ago

California’s Healthcare Program Under Strain as Costs Surge

News Summary California's Medi-Cal program faces a dramatic budget increase, with costs for undocumented immigrants soaring to $9.5 billion. Governor…

2 months ago

Brown-Forman and Reyes Beverage Group Announce Partnership

News Summary Brown-Forman Corporation and Reyes Beverage Group are teaming up in a new distribution partnership set to launch on…

2 months ago

Los Angeles Faces Insurance Challenges Amid Wildfire Aftermath

News Summary Los Angeles grapples with insurance hurdles as State Farm seeks a 22% rate increase following devastating wildfires. Insurance…

2 months ago

California Insurance Commissioner Evaluates State Farm’s Rate Hike

News Summary Amid increasing wildfire incidents in California, Insurance Commissioner Ricardo Lara is scrutinizing State Farm's request for a 22%…

2 months ago