The answer lies with a 36-year-old piece of California state legislature, Proposition 103. Proposition 103, or Prop 103, was passed in 1988 to protect insurance policyholders from unjust rate hikes across auto, property, life and casualty insurance. Under Prop 103, insurance companies are ...
Allstate, one of the nation's largest insurance companies, has joined State Farm in deciding to halt sales of property and casualty coverage to new customers in California, saying it's too pricey to underwrite policies in the state which has seen thousands of natural disasters in recent years...
The job cuts come as German auto companies push to reduce costs to stay competitive in the international market. Valeo No. of Employees to be Laid off: 1000 Industry: Automotive November 2024 Valeo SA plans to cut about 1,000 jobs in Europe and close its two plants in France. The shut...
(CityRegions.Com, November 27, 2024 ) Silva Construction (https://www.silvaconstruction.com), a residential and commercial remodeling company serving the south bay area of Los Angeles, is urging homeowners in California to take steps to prepare their homes for winter. David Clarke, co-owner of...
University of California, Berkeley Berkeley, CA #2 in Business Programs University of Michigan--Ann Arbor Ann Arbor, MI #4 in Business Programs New York University New York, NY #5 in Business Programs Carnegie Mellon University Pittsburgh, PA #6 in Business Programs University of North Carolina...
entry of automobile-insurance providers into the GAP business, the decision of some dealers such as Unicars Honda in Indio, California to reduce their prices for GAP products by more than half the typical rate, and the threat posed by insurance companies to finance and insurance (F&I) managers...
With the victory, the Volkswagen factory becomes the only unionized foreign commercial carmaker in the U.S. It's also the first auto plant to join the UAW since its action targeting the Big Three automakers in Detroit. "This election is big," VW worker Kelcey Smith said in a statement dis...
The pay reductions are expected to be in place until the end of the second quarter. Health orders, implemented to curb the spread of COVID-19, forced Elon Musk's electric-car company to wind down production at its main vehicle assembly plant in Fremont, California. ...
and the emerging of digital health solutions, everybody wants to have a connected device in some way. Patients want to be treated at home. We’re seeing more and more action when it comes to wearable drug-delivery devices–– everything from insulin pumps to insulin monitors...
The pay reductions are expected to be in place until the end of the second quarter. Health orders, implemented to curb the spread of COVID-19, forced Elon Musk's electric-car company to wind down production at its main vehicle assembly plant in Fremont, California. ...