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Insurance expert breaks down State Farm's rate hike request hearing in California and what's next

Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in Northern California this week. The insurance company is asking for an immediate rate increase, claiming it's in a financial emergency. Susman breaks down the big takeaways from the public hearing, which included the CA Department of Insurance, Insurance Commissioner, and Consumer Watchdog representatives, and who ultimately will make the final decision regarding State Farm's request.

Rebuilding SoCal: Weekly commitment of latest LA fire-related developments | March 23-28, 2025

"Rebuilding SoCal" is KCAL News' commitment to holding leaders accountable, getting answers, and showcasing Southern California solidarity and strength in the wake of the Palisades and Eaton Fires. This week, we highlight an issue many homeowners say they're facing: getting the runaround from insurance companies. Meanwhile, the LA City Attorney has filed a $62 million lawsuit targeting rental price gougers and those trying to profit off of fire victims. Also, five LA restaurants are teaming up to honor first responders and inviting everyone to join the feast on Saturday, March 29th. KCAL News has partnered with the American Red Cross to help those affected by the LA Fires. If you'd like to donate, go to redcross.org/KCAL

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