Digital Insurance2h
What is the cost and aftershock of the California fires for insurers?
Estimates for the financial toll of the blazes range from $30 billion to as high as $250 billion, as homeowners grapple with ...
State Farm exec fired over jaw-dropping comments about LA wildfire rate hikes and victims in secret recording
A State Farm executive has been fired after he was secretly recorded alleging the insurance company hiked rates for California homeowners reeling from the LA wildfires.
Most Angelenos back tougher building codes, restrictions on homebuilding in wildfire zones, poll finds
Overwhelming majorities of Los Angeles County voters support strengthening building codes and imposing greater restrictions ...
State Farm executive fired after disparaging L.A. wildfires and victims
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...
ABC7 KABC20h
State Farm exec fired after secret recording appears to show him discussing rate hikes
A State Farm executive was fired after an undercover video recorded during a Tinder date appears to show him talking about rate hikes after the SoCal wildfires.
4 possible fixes for California's home insurance crisis
Assembly Bill 1354, by Assemblymembers Heath Flora and Greg Wallis, would allow California taxpayers to write off the rising costs of their fire insurance premiums for the next five years. Flora, of ...