California Earthquake Authority Selling Debt to Avoid Paying More for Coverage July 9, 2024 A state-managed earthquake insurer for homeowners in California is opting to borrow from the public debt market in lieu of...
Growing Fire in Southern California Prompts Evacuations July 8, 2024 A wildfire that erupted in Southern California has burned more than 20,000 acres, prompting an evacuation order and threatening ranches,...
California Lawmakers to Ask Voters for Permission Borrow $20B for Climate, Schools July 8, 2024 By Adam Beam Mired in a stream of multi-billion dollar budget deficits, the California Legislature has turned to voters for help. Lawmakers voted...
Lightning Strike Started New Mexico Wildfire That Damaged 1,400 Structures July 8, 2024 A lightning strike caused the larger of two wildfires that has killed at least two people and destroyed or damaged...
$21M to Settle Claims Over Botched Fireworks Detonation in Los Angeles July 5, 2024 Los Angeles will pay more than $21 million to settle claims by residents of a neighborhood where police bungled the...
California Warehouse, Logistics Companies Fined Nearly $840K After Worker Pay Probe July 5, 2024 Three recent U.S. Department of Labor investigations in San Diego, California recovered nearly $840,000 for 32 employees, some of whom...
California Commissioner’s Analysis Shows $7.7B in Losses From Extreme Heat Events July 5, 2024 The cumulative cost of the seven heat events in California in the past decade amounted to $7.7 billion in losses,...
State Farm Seeking Large Rate Increases in Wildfire-Prone California July 3, 2024 By Don Jergler and Chad Hemenway State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%...
Washington Insurance Commissioner Fines Unite Health, Others $500K for Violations July 3, 2024 Washington Insurance Commissioner Mike Kreidler’s office issued more than $500,000 in fines in May and June for violations of state...
Containment on Large California Fire Increased, but Temps Are Expected to Soar July 2, 2024 Firefighters increased containment on the biggest wildfire currently burning in California, but triple-digit temperatures are expected to bake the state...