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State Farm is holding California homeowners hostage with unending rate raises | Opinion

March 15, 2025

My parents have been State Farm holders since 1985, first as renters, then homeowners, and they eventually put their life insurance and car insurance in the company’ s hands, too. So when I bought my own home in 2022, there was never any doubt for me who I’ d go with for insurance: State Farm. In addition, to raise its rates, Lara stipulated that the California arm of the…

California regulator mulls State Farm's request for 22% premium hike for homeowners after LA fires

March 15, 2025

SACRAMENTO, Calif.— California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant could justify the hike at a public hearing. State Farm, the state's largest insurer with roughly 1 million home insurance policies in California,…

Bill would expand coverage for breast cancer screening for Iowans

March 15, 2025

DES MOINES— About a quarter of Iowans would no longer pay co-pays and deductibles for supplemental and diagnostic breast exams under legislation that unanimously passed the Iowa House and advanced Wednesday in the Iowa Senate. Insurers contend it would lead to increased health care costs, citing a fiscal analysis estimating a $443,000 to $1.4 million…

It’s costing California more than expected to provide immigrant health care. Is coverage at risk?

March 15, 2025

The California health care program that covers almost 15 million people is costing more money than Gov. Roughly 1.6 million immigrants without legal status are enrolled in Medi-Cal, according to state data. The program is a lifeline to people who traditionally have not had access to health insurance, and California is one of six states that offer coverage to…

CA approves 22% rate hike for state’s top property insurer

March 15, 2025

-California Insurance Commissioner Ricardo Lara provisionally approved State Farm's request for a 22% property insurance rate hike, citing a need to stabilize the insurance market. "It is evident that other California insurers are unable to absorb State Farm's existing customers, which poses a significant risk of these customers ending up on the FAIR Plan— a…

Ask a Trooper: Car seat replacement

March 15, 2025

Troy Christianson, MN State Patrol. Question: My vehicle was recently involved with a crash with another vehicle. I had a car seat inside, but no child was present at the time of the crash.

Why the Trump administration is easing up on crypto crime at exactly the wrong moment

March 15, 2025

The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. Just last month, a hacker stole about $1.5 billion from the crypto exchange Bybit in the biggest theft the industry has ever experienced. Illicit crypto addresses received an estimated total of $40 billion to as much as $75 billion in 2024..

EDITORIAL: Sunshine laws helped uncover insurance issue

March 15, 2025

As we celebrate Sunshine Week, the work done by Tampa Bay Times/Miami Herald staff to uncover issues with insurance companies in Florida can serve as a good example of how a free press can make a difference. Perez wants the House Insurance and Banking Committee to look into claims revealed in an investigative report by the Times/ Herald that insurance companies…

FHSU's Robbins Banking Institute hosts Federal Reserve Governor Bowman

March 15, 2025

HAYS, Kan.- The Robbins Banking Institute at Fort Hays State University hosted its second annual lecture series event on Feb. 27, with Michelle Bowman, Federal Reserve Governor, serving as keynote speaker. Kansas Bankers Association members and the FHSU community were on hand to make connections and learn more about banking opportunities.

Don't abandon New York's children with autism: The impact of medicaid cuts on ABA therapy

March 15, 2025

New York State is on the brink of a disastrous decision that will harm thousands of children with autism. For years, Medicaid did not cover ABA therapy in New York, depriving low-income families of a crucial service that was available to those with private health insurance. In 2021, New York finally corrected this inequity by extending Medicaid coverage to ABA…

CT bill would prohibit AI use by health insurers

March 15, 2025

At the same time, lawmakers across the country and in Connecticut are looking to legislation as a way to regulate it, especially in the health care field. Saud Anwar, D- South Windsor, aims to amend the state's code to prohibit health insurance carriers from using AI to determine patient care "to safeguard patient access to testing, medications and procedures."

‘Devastating:’ LGBTQ activists sound alarm on KY bill banning Medicaid-funded trans care

March 14, 2025

Two years ago, protests around a bill banning gender-affirming care for minors in Kentucky rocked the state Capitol. On Thursday, the Senate passed it in a 28-6 vote with overwhelming Republican support. The impact is more sweeping than what was this year’ s marquee bill limiting gender-affirming care; Senate Bill 2, which bars gender-affirming care for the…

Federal Reserve Board Approves the Acquisition of Sterling Bank and Trust, F.S.B. by EverBank Financial Corp

March 14, 2025

Sterling Bancorp, Inc., the holding company of Sterling Bank and Trust, F.S.B., today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company’ s sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp, a Delaware corporation, which is the final regulatory…

State Farm can hike rates on California homeowners — if it pauses cancellations and proves need

March 14, 2025

Lara's conditions are that State Farm, the state's biggest provider of homeowners insurance, commit to pause canceling and not renewing policies through the end of this year. He also is asking that its parent company, State Farm Mutual, give or loan the California entity, State Farm General, $500 million to help boost its finances. In addition, State Farm must prove…

California regulators “provisionally” approve State Farm’s steep homeowner rate hike

March 14, 2025

On Friday, Insurance Commissioner Ricardo Lara signaled he is willing to allow State Farm to raise homeowner rates by an average of 22%. The insurer’ s California- only subsidiary, State Farm General, says the hikes are necessary to pay out future claims after it expects to cover $7.6 billion in estimated losses from the devastating Los Angeles wildfires.

Preliminary Revised Proxy Statement (Form PRER14A)

March 14, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION. Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934. On behalf of the Board of Directors of Petros Pharmaceuticals, Inc., I cordially invite you to attend our 2025 special meeting of stockholders at 10 a.m. EasteTime on Thursday, April 10, 2025.

Registration Statement by Foreign Issuer – Business Combinations (Form F-4)

March 14, 2025

As filed with the Securities and Exchange Commission on March 14, 2025. THE SECURITIES ACT OF 1933. If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting…

Preliminary Revised Proxy Statement (Form PRER14A)

March 14, 2025

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☒ Preliminary Proxy Statement​☐ Confidential, for Use of the Commission Only​☐…

Proxy Statement (Form DEF 14A)

March 14, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A INFORMATION Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box: BERKSHIRE HATHAWAY INC. Payment of Filing Fee: BERKSHIRE HATHAWAY INC..

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