California Business News

California Approves Emergency Rate Increase for State Farm

News Summary California has approved an emergency rate increase for State Farm, marking a significant financial response to catastrophic wildfires.…

1 month ago

California Homeowners Face 17% Insurance Rate Increase

News Summary California residents with State Farm homeowners insurance will see a 17% premium increase due to a recent court…

1 month ago

California Increases Low-Income Housing Eligibility Amid Rising Costs

News Summary California's low-income housing eligibility is seeing significant increases as living expenses soar. New data reveals that even six-figure…

1 month ago

California Relaunches E-Bike Voucher Program with Increased Funding

News Summary California is revamping its E-bike Incentive Project with a redistribution of $2 million in vouchers for residents aimed…

1 month ago

California Launches ‘Building With Resilience’ Campaign for Fire-Safe Construction

News Summary California has launched the 'Building With Resilience' campaign to promote the use of non-combustible materials in construction. This…

1 month ago

California Home Values Expected to Decline Amid Economic Challenges

News Summary California is facing a projected decline in home values across six major metro areas, highlighting ongoing affordability issues.…

1 month ago

California Homeowners Sue Insurance Giants Over Wildfire Coverage

News Summary California homeowners are suing major insurance companies for alleged collusion and withdrawal of coverage in high-risk fire zones.…

1 month ago

California Florists Face Price Hikes Ahead of Mother’s Day

News Summary As Mother's Day approaches, California florists are grappling with price increases due to a 10% tariff on imported…

1 month ago

California’s Costly Green Energy Transformation

News Summary California's effort to transition to renewable energy is set to impose significant costs on households, estimated between $17,398…

1 month ago

California Ports Face Historic Cargo Traffic Decline

News Summary California's major ports, particularly Los Angeles and Long Beach, are experiencing an unprecedented decline in cargo traffic due…

1 month ago