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Los Angeles County Sues State Farm Over Handling of Claims by Wildfire Victims

Los Angeles County Sues State Farm Over Handling of Claims by Wildfire Victims

by Phil Hall | Sep 1, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Los Angeles County has filed a lawsuit against State Farm that accuses the insurance giant of unfair business practices its handling of claims by policyholders impacted by the January 2025 Eaton and Palisades Fires. State Farm is California’s largest private insurer,...
City Ventures Debuts New LA-Area Townhome Community

City Ventures Debuts New LA-Area Townhome Community

by Phil Hall | Jun 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

City Ventures, a California-focused homebuilder specializing in energy efficient properties, announced the grand opening of Concord Court, a townhome community in the Los Angeles County city of Compton. Concord Court presents three floorplans that range from...
State Farm Seeks 22% Emergency Interim Rate Hike in California

State Farm Seeks 22% Emergency Interim Rate Hike in California

by Phil Hall | Feb 4, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

With the wildfires that ravaged Los Angeles County are now completely contained, State Farm General is seeking an emergency interim rate hike averaging 22% for California homeowners based on what it called a “dire” financial situation. CNN reported the insurance...
State Farm Seeks 22% Emergency Interim Rate Hike in California

California Attorney General Charges Real Estate Agent with Price Gouging Wildfire Victims

by Phil Hall | Jan 24, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Attorney General Rob Bonta announced the first filing of charges against a real estate agent over alleged price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, a couple filed a complaint was filed with the...
New Wildfire Breaks Out in Los Angeles County

New Wildfire Breaks Out in Los Angeles County

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A new wildfire broke out in Los Angeles County last night, creating the region’s third active blaze. The Los Angeles Times reports the fire began shortly after 11:00 p.m. PST on Wednesday on the eastern side of the 405 Freeway in the Sepulveda Pass. Within two hours,...
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