Latest From This Author
A group of California homeowners filed suit Wednesday against AAA and USAA, alleging that the insurers left them systematically underinsured and unable to rebuild after the Jan. 7 firestorms in Los Angeles County destroyed their homes.
Two Los Angeles County Superior Court lawsuits accuse dozens of California home insurers of dropping policyholders and forcing them onto the FAIR Plan — the state’s insurer of last resort — where polices cover less and cost more.
Volunteers gathered to remove black mustard, a weed that crowds out native plants in the Sepulveda Basin Wildlife Reserve and increase fire risks.
Insurance Commissioner Ricardo Lara adopted an administrative law judge’s recommendation Tuesday and granted State Farm General, the state’s largest home insurer, a 17% emergency hike in its homeowners insurance rates.
Insurers are seeking to charge California homeowners across the state for the costs of the catastrophic Los Angeles County fires they were burdened with when the state’s insurer of last resort needed a bailout.
A couple whose home was damaged in the Palisades fire filed a lawsuit Monday against the California FAIR Plan, the state’s home insurer of last resort, seeking to force the insurer to turn over claims documents.
After fielding complaints at a community meeting about how State Farm is handling Los Angeles wildfire claims, California Insurance Commissioner Ricardo Lara said an inquiry was not ‘off the table.’
Treasury Secretary Scott Bissent kicked off the Milken Institute Global Conference at the Beverly Hilton on Monday by saying Trump’s tariffs will lead to a resurgent economy.
On the day Trump took office, Elon Musk, Tesla and his other companies faced at least $2.37 billion in potential penalties from federal agencies, according to a Democratic congressional report.
The Port of Los Angeles could see a 35% drop in imports in just two weeks following a surge in goods to beat the tariffs.
