California Business News

News Summary Recent volatility in the stock market has heightened fears of a recession impacting California’s economy. Citing factors such as trade wars, inflation, and

News Summary California homeowners brace for significant rate increases in homeowners’ insurance as State Farm receives initial approval for a 22% hike. This decision comes

News Summary California has approved a 22% interim rate hike for homeowners insurance by State Farm, responding to challenges from catastrophic wildfires and significant claims

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

News Summary Local pork producers in Missouri, led by Todd Hays, express concerns over California’s Proposition 12, which imposes minimum space requirements for farm animals.

News Summary California is facing a devastating wildfire crisis that poses significant challenges to homeowners and the insurance industry. With damages projected to exceed $20

News Summary California’s Medi-Cal program is under scrutiny as costs soar to $9.5 billion for covering undocumented immigrants. With a $30 billion budget deficit, Governor

News Summary Homeowners in Los Angeles are in turmoil after a State Farm executive’s comments about potential rate hikes and the company’s approach to insurance