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Consumer Watchdogestimates home insurance rates could increase by as much as 40% to 50%as a result. The California Department of Insurance did not respond toFortune‘s request for comment. Though it will take weeks, at least, to have a grasp on the full devastation of the fires, there’...
STATE FARM STOPS ACCEPTING HOME INSURANCE APPLICATIONS IN CALIFORNIA: ‘DIFFICULT PLACE TO DO BUSINESS’ Then-Senator Ricardo Lara joined union groups gathered together for a rally in Wilmington on Wednesday, October 3, 2018. Lara is commissioner of the state's Department of Insurance and has propo...
It also scrubbed several college and department-level DEI statements, renamed faculty positions and, in one case, removed online references to a scholarship for Black and Indigenous students amid the administration’s threats to withhold funding from institutions over DEI efforts. BASHING FROM BARSTOOL...
But with costs of everything going up and increasing intense wildfires, she said insurance companies have to bring in enough premium to pay out claims in order to stay solvent. The California Department of Insurance said State Farm’s decision should not affect other companies. ...
products are programmed as an on-ballot benefit option with a yes/no benefit election decision alongside the customer’s medical, disability and life insurance. We can supply suggested text to the customer or their enrollment firm that will provide an overview of the products as well as the ...
The plan assessed its members $260 million for wildfire and earthquake costs, according to the state Department of Insurance, leading to the establishment in 1996 of the California Earthquake Authority, a not-for-profit that now provides about two thirds of the state’...
If you live anywhere else, here’s the analysis of plans for the rest of CA, “What Is The Most Affordable Health Insurance In California?” The Medicare Annual Election Period Is Open Until December 7th, 2024 During this time you can enroll in Medicare Advantage plans and Part D Drug pla...
The California unemployment insurance fund’s solvency problems go way back. The fund was solvent as recently as 2018 and 2019, but still below the recommended standard of having enough funds to distribute benefits for a year, according to Department of Labor data analyzed by the Century Foundat...
SACRAMENTO, Calif. (AP) — Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires became more destructive will have to again provide policies in fire-prone areas if they want to keep