California Business News

State Farm Approved for Emergency Rate Hike in California

News Summary State Farm has received approval for a 17% emergency rate increase for homeowner insurance in California, effective June…

2 months ago

California Homeowners Face 17% Insurance Rate Increase

News Summary California homeowners insured by State Farm are set to see a 17% increase in their homeowners insurance rates…

2 months ago

California’s Rising Low-Income Housing Eligibility Amid Cost Surge

News Summary California is witnessing a significant increase in eligibility for low-income housing programs as living costs soar. New data…

2 months ago

California Relaunches E-bike Incentive Program with New Changes

News Summary California will relaunch its E-bike Incentive Project voucher program on May 29, 2022, introducing up to $2 million…

2 months ago

California Promotes Non-Combustible Materials for Fire Resilience

News Summary California launches the 'Building With Resilience' campaign to encourage the use of non-combustible building materials. This initiative aims…

2 months ago

California Faces Economic Challenges and New Developments

News Summary California is navigating a complex economic landscape as home values are forecasted to decline in six metro areas.…

2 months ago

California Homeowners Sue Insurers Over Coverage Withdrawal

News Summary Homeowners in California are suing major insurers in Los Angeles County, alleging collusion to drop coverage in high-risk…

2 months ago

Flower Prices Rise Ahead of Mother’s Day Due to Tariffs

News Summary With Mother's Day approaching, florists in Long Beach and nationwide are facing challenges from rising tariffs on imported…

2 months ago

California’s Green Energy Transition: Costs and Challenges

News Summary California's ambitious green energy transition from 2025 to 2050 could cost households an estimated $17,398 to $20,182. The…

2 months ago

Dramatic Decline in Cargo Traffic at California Ports

News Summary California ports are facing an unprecedented downturn in cargo traffic due to new tariffs imposed on Chinese imports.…

2 months ago