Posts Tagged: rates
Opinion
OPINION: With climate change, our boom and bust cycle of rainy vs dry years will mean fewer rainy years and longer, more frequent dry years. We’ve all been doing our part to conserve water during this drought, but according to figures provided by state water regulators, it’s not enough.
Opinion
OPINION: Increasingly, California residents have been left with no choice but to accept the California FAIR Plan, the insurer of last resort, and the typically higher rates that come with it. The FAIR Plan provides basic fire insurance coverage when traditional insurance is not available, often for properties that other insurers decline to cover because they are considered high-risk.
News
In California, we have seen steady increases in Medi-Cal (California’s Medicaid program) enrollment since April 2020, with caseloads about 9% larger in January 2021 compared to January 2020. Expanded Medi-Cal coverage is responsible for much of the decline in the uninsured rate.
News
In February, Texas experienced a freak weather event, a deep freeze that shut down its electrical system, damaged its infrastructure and cost dozens of lives. The storm revealed the lack of preparation and investment by the Texas state government, the flaws of its system of deregulated privately-owned utilities, and the failures of the Electric Reliability Council of Texas, or ERCOT. The latter is responsible for maintaining the state’s energy infrastructure.
Opinion
OPINION: Every year during the end-of-session debates in the Legislature, bills that had previously stalled suddenly get new life. Sometimes, it’s the result of a grand bargain struck to advance long-held policy objectives. Other times, it’s the result of public pressure created by an emerging crisis.
Opinion
OPINION: As currently amended —after months of compromise and negotiations— this bill would create a new Insurance Market Action Plan, or IMAP, designed to increase home insurance availability with better coverage and lower rates, and reduce the risk of catastrophic wildfire damage through home hardening and community mitigation. For many homeowners in high-risk areas, the FAIR Plan is currently the only option for fire insurance.
News
Should customers be able to lease dogs and cats in the same way they rent cars, apartments or furniture? California legislators think not. Both houses overwhelmingly approved Assembly Bill 1491, which would outlaw the practice beginning Jan. 1. The bill is now awaiting final action from Gov. Jerry Brown.
News
New York state pension systems are better funded than California state pension systems, currently take a smaller bite out of state and local government budgets, and still provide pension benefits well above the national average. How do they do it?
Opinion
OPINION: Proposition 57’s 50 percent good time credit should be applied retroactively to all incarcerated people, including lifers who committed violent crimes. Contrary to popular fears, releasing reformed lifers may be the best thing we can do to reduce violent crime.
News
FairWarning: November’s presidential contest was bizarre in many ways, but there is one peculiarity that pundits haven’t pounced on: The states with the worst rates of traffic deaths in the country went solidly for Donald Trump while Hillary Clinton swept states with the lowest fatality rates. California was 10th from the bottom in its traffic fatality rate — about 8.11 deaths per 100,000 people. The highest was Wyoming, with 24.74 fatalities per 100,000.
Amid a drought, a leaking hose in Scotts Valley, a Santa Cruz County area south of San Jose. (Photo: Michael Barajas, via Shutterstock)
