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February 13, 2025

Comments

Cassandra

Eucalyptus in Mills Canyon on upslope private property. Cut back years ago- back bigger and badder now.

Joe

I'm still trying to get my head around the idea that Ricardo Lara thinks he deserves a promotion to governor of California! From the Merc


California insurance regulators have provisionally approved State Farm’s request for a steep rate hike for homeowners following the devasting Los Angeles wildfires.

On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an average of 22%. He also granted the state’s largest insurer initial approval to increase premiums by 15% for renters and condo owners and 33% for rental owners.

However, Lara said the “emergency interim” rate hikes can only go through if the company provides more information to justify the increases in a public hearing scheduled for April 8.

Lara also called on State Farm General to stop canceling coverage for homeowners in fire-risk areas and to ask its parent company for $500 million to stabilize its financial situation.

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