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.
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
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Hiking heritage of California decimated after more than 50 hiking trails burned by the fatal Los Angeles wildfiresThe Palisades and Eaton fires, which left at least 27 people dead, have scorched dozens of iconic hiking and running trails ...
The timing also would mean higher costs for rebuilding efforts in L.A. County communities destroyed by wildfires.
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