Tag: california

California Insurance Commissioner Ricardo Lara takes action after State Farm’s decision to non-renew thousands of policies
1 min read
Business

California Insurance Commissioner Ricardo Lara takes action after State Farm’s decision to non-renew thousands of policies

California Insurance Commissioner Ricardo Lara responds after State Farm announces it will not renew thousands of policies.

Grim Milestone: California’s Unemployment Rate Climbs to Highest Level in the Country
2 min read
Business

Grim Milestone: California’s Unemployment Rate Climbs to Highest Level in the Country

California’s unemployment rate has reached the highest level in the United States, according to recent data released by the Bureau of Labor Statistics. With a rate of 8.3%, the state has seen a significant increase in joblessness over the past year.

Realtors Settlement Leaves Southern California Real Estate Industry Feeling Both Uncertain and Relieved
2 min read
Business

Realtors Settlement Leaves Southern California Real Estate Industry Feeling Both Uncertain and Relieved

Realtors across Southern California are experiencing a mixture of confusion and relief following a recent settlement reached by several major real estate firms. The settlement, which was announced last week, has left many industry professionals scrambling to understand how it will affect their operations moving forward.

California FAIR Plan Property Insurer Achieves Record Growth in 2021
2 min read
Business

California FAIR Plan Property Insurer Achieves Record Growth in 2021

Expansion
The surge in policy distribution can be attributed to California FAIR Plan’s recent expansion efforts. The insurer has been actively marketing its services to underserved communities, resulting in a larger customer base.

California Insurance Crisis: Policies Canceled, Rates Skyrocketing for Many Residents
2 min read
Business

California Insurance Crisis: Policies Canceled, Rates Skyrocketing for Many Residents

Insurance policies in California are now facing a crisis as more and more policies are being canceled and rates are increasing. This has left many residents concerned about their ability to afford necessary coverage.

Lucky winner claims M Mega Millions prize in California
2 min read
Business

Lucky winner claims $2M Mega Millions prize in California

The winning $2 million Mega Millions ticket was sold in California, causing excitement among lottery players and officials. The lucky ticket was purchased at a convenience store in Sacramento, making the latest winner the talk of the town.