California Business News

California’s Homeowners Brace for Major Insurance Rate Hike

News Summary In California, homeowners face a potential 22% increase in insurance premiums, affecting 1 million policies. State Farm attributes…

2 months ago

Sedera’s Sham Health Insurance Settlement in Sacramento

News Summary The California Attorney General has announced a $1.2 million settlement with Sedera, Inc. for selling sham health insurance…

2 months ago

California Tribal Nations Challenge Local Card Rooms

News Summary California's tribal nations, empowered by Senate Bill 549, are taking legal action against local casinos in Hawaiian Gardens…

2 months ago

Wall Street Turmoil: Impact on California’s Economy

News Summary Recent fluctuations in the stock market have raised concerns about California's economy. As NASDAQ growth remains stagnant, unemployment…

2 months ago

California Residents Brace for Home Insurance Rate Hikes

News Summary Homeowners in California face significant home insurance rate increases due to recent wildfires, with State Farm General's request…

2 months ago

California Residents Brace for Potential Homeowners Insurance Rate Hike

News Summary California homeowners are facing a potential 22% rate hike in homeowners insurance from State Farm, a response to…

2 months ago

San Francisco Introduces New Business Insurance Policy

News Summary SureChoice Underwriters Reciprocal Exchange has launched a new non-admitted business owners policy tailored for California amidst ongoing wildfire…

2 months ago

Missouri Farmers Concerned Over California’s Proposition 12

News Summary Missouri pork producers are raising concerns about California's Proposition 12, which imposes minimum space requirements for farm animals.…

2 months ago

California Wildfires Cause Financial Catastrophe

News Summary California is reeling from devastating wildfires, particularly in Los Angeles, resulting in an estimated $20 billion in insured…

2 months ago

California’s Medi-Cal Faces Budget Shortfalls Amid Rising Costs

News Summary California's Medi-Cal program is facing significant financial challenges as estimated costs for covering undocumented immigrants have surged dramatically.…

2 months ago