California Business News

Wall Street Turbulence Raises Concerns Over California’s Economy

News Summary Recent volatility in the stock market has heightened fears of a recession impacting California's economy. Citing factors such…

1 month ago

California Homeowners Face Rate Hikes from State Farm

News Summary California homeowners brace for significant rate increases in homeowners' insurance as State Farm receives initial approval for a…

1 month ago

California Approves 22% Rate Hike for State Farm Home Insurance

News Summary California has approved a 22% interim rate hike for homeowners insurance by State Farm, responding to challenges from…

1 month ago

New Non-Admitted Business Owners Policy Launched in California

News Summary SureChoice Underwriters Reciprocal Exchange (SURE) has launched a groundbreaking non-admitted business owners policy (BOP) in California, addressing the…

1 month ago

Missouri Pork Producers Challenge California’s Proposition 12

News Summary Local pork producers in Missouri, led by Todd Hays, express concerns over California's Proposition 12, which imposes minimum…

1 month ago

California Wildfires Create Coverage Chaos

News Summary California is facing a devastating wildfire crisis that poses significant challenges to homeowners and the insurance industry. With…

1 month ago

California’s Healthcare Program Faces Tough Questions as Costs Skyrocket

News Summary California's Medi-Cal program is under scrutiny as costs soar to $9.5 billion for covering undocumented immigrants. With a…

1 month ago

California Homeowners React to State Farm Executive’s Comments

News Summary Homeowners in Los Angeles are in turmoil after a State Farm executive's comments about potential rate hikes and…

1 month ago