California economy

Los Angeles Rethinks Insurance Amid Commissioner Lara’s Bermuda Trip

News Summary Los Angeles is facing a growing insurance crisis as Commissioner Ricardo Lara attends an insurance conference in Bermuda.…

1 month ago

California Businesses Brace for Increased Costs as Tariffs Kick In

News Summary California businesses are preparing for rising costs as new tariffs from the Trump administration on imports from Canada,…

1 month ago

California Business Update: Egg Prices and Wine Industry Challenges

News Summary Recent developments in California's business landscape highlight soaring egg prices above $10 per dozen, while the wine industry…

1 month ago

California Homeowners Brace for Higher Insurance Premiums

News Summary California homeowners are set to face a significant challenge as State Farm’s Insurance Commissioner tentatively approves a 22%…

1 month ago

California Faces Economic Uncertainty Amid Wall Street Fluctuations

News Summary California's economy is facing significant uncertainty as Wall Street experiences volatility driven by trade fears, job cuts, and…

1 month ago

California Approves State Farm’s Homeowner Rate Increases

News Summary California Insurance Commissioner Ricardo Lara has provisionally approved State Farm's request to raise homeowners' insurance rates by an…

1 month ago

California Homeowners Brace for Steeper Insurance Rates

News Summary California homeowners are facing a proposed 22% insurance rate hike from State Farm, driven by the financial impact…

1 month ago

New Non-Admitted BOP Launched for California Businesses

News Summary SureChoice Underwriters Reciprocal Exchange (SURE) has launched its first non-admitted business owners policy in California, addressing the insurance…

1 month ago

California in Crisis: Wildfires Bring Financial Blazes to Insurers

News Summary California faces a growing crisis as wildfires wreak havoc on both the landscape and the insurance market. With…

1 month ago

California Seeks $3.44 Billion Loan to Cover Medi-Cal Shortfall

News Summary California's request for a $3.44 billion loan highlights the financial strain on its Medi-Cal program, driven by rising…

1 month ago