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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 | 3/30 - 4/4, 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, some homeowners say their hopes of returning to their homes are getting pushed back as their insurer, the California Fair Plan, denies or undervalues their claims. Our Kristine Lazar looks into what the Fair Plan covers and if it follows state law. Additionally, the Small Business Administration has offered a grace period for struggling homeowners and businesses looking to apply for low-interest loans. The new deadline is May 30, 2025. Also, TV star and activist Paris Hilton is stepping up to help 50 women-owned businesses affected by the Palisades and Eaton Fires. Plus, our Desmond Shaw gives us a new and fuller perspective of the burn areas from SKYCAL as we approach the three-month mark. 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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