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State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
State Farm Seeks Rate Hikes in California to Offset Wildfire Payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
State Farm Seeks Emergency California Rate Hike After LA Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
7d
on MSN
What Fires Will Do to California's Housing Market
The Los Angeles fires are likely to exacerbate California's inventory and affordability crisis, bringing up demand at a time ...
11d
on MSN
Rents rise as refugees from the fires squeeze into L.A.’s tight housing market
The Palisades and Eaton fires destroyed or damaged more than 8,500 homes in an already tight housing market. Experts said the ...
2d
on MSN
5 most overvalued housing markets in 2025 — including one where mortgage costs exceed average income
In a survey of the country’s most overvalued housing markets, US News & World Report found a number of major cities where ...
12d
on MSN
Price Gouging Hits the Housing Market Amid California Wildfires
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price ...
11d
on MSN
Housing tracker: Before the fires, a December slowdown in the Southern California market
Prices are now 1.5% off their all-time high in July, but some economists say prospective home buyers and sellers shouldn’t ...
Hosted on MSN
6d
Relentless California wildfires fuel Los Angeles housing crisis, driving up rents and prices
The recent infernos in Southern California have ignited a housing crisis, with rental prices exploding and home values ...
7d
Zillow predicts the hottest housing markets in US. Only one California metro makes the top 20
The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” ...
City Journal
3d
Can We Rebuild Los Angeles?
Building a more resilient Los Angeles will require a government refocused on efficiently providing critical infrastructure ...
9d
California's Housing Market Isn't Moving—and the L.A. Wildfires Are Adding to a Growing Problem
California real estate has seen unprecedented losses because of the Los Angeles wildfires —but even before the fires, the ...
Grist
2d
Maui’s post-wildfire housing crisis offers a warning for Los Angeles
After wildfires devastated the island, homelessness spiked. Advocates fear L.A. could face a similar fate without strong ...
9d
'Totally crazy': The Los Angeles wildfires have created a new housing crisis in the area — here's the big problem and 5 tips to help navigate it
In the wake of the fires, countless L.A. residents are displaced. Many are either left with the daunting task of finding a ...
Hosted on MSN
11h
LA Should Requisition Empty Housing for Fire Victims
About a week after the Los Angeles wildfires began, it seemed safe to sleep without a go bag packed. The smoke had dissipated ...
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