California utility company Southern California Edison on Thursday said its equipment “may be associated with” the ignition of ...
California’s wildfire season isn’t just destroying homes and lives — it’s threatening the stability of the U.S. insurance ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Farm has requested emergency rate increases of up to 38% in California, citing wildfire-related losses. Here’s what ...
The US president-elect has criticised a top California Democrat for challenges fighting the blazes in Los Angeles.
Shares of Edison International's ( EIX, Financials) subsidiary, Southern California Edison Company, fell by 1.9% on Monday to $57.74 at 1:14 p.m. GMT-5 following the company's detailed report to the ...
Cal Fire has its own fleet of aircraft operating from 14 airfields and 11 helicopter bases across the state that can reach most fires within about 20 minutes.
Critics say using incarcerated men and women to fight fires is cheap labour, but supporters say it is rehabilitative.
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
At the time, California employed what was dubbed “unitary taxation,” requiring such corporations to report all income, including that of foreign subsidiaries, upon which a formula would ...
Two California Democratic ... or pending with the state's insurance department. Under the proposed measure, people insurance businesses impacted by natural disasters may be able to recoup losses from ...
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.