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Allstate approves 34% increase in home insurance premiums in California


Allstate approves 34% increase in home insurance premiums in California

By Nadia Lopez | Bloomberg Allstate Corp. will raise homeowners insurance premiums for California customers by an average of 34.1 percent, the biggest increase in premiums for a major insurer in three years as the state faces a worsening property insurance crisis. The rate increase, which will take effect in November, will affect around 350,000 […]

Innocent passerby shot dead in parking lot of Californian shopping center


Innocent passerby shot dead in parking lot of Californian shopping center

A man in his late 40s was gunned down in the parking lot of a Hawthorne shopping center on Monday evening, Aug. 12. However, investigators do not believe he was the intended victim, authorities said. The shooting occurred shortly before 9:30 p.m. in the 12700 block of Crenshaw Boulevard, near El Segundo Boulevard, as the […]

While JLo is in New York, Ben Affleck buys a house in California for $20 million


While JLo is in New York, Ben Affleck buys a house in California for  million

Ben Affleck has reportedly bought his own multi-million dollar home in Los Angeles, while Jennifer Lopez and her entourage continue to roam around New York. The 51-year-old “Air” director recently closed escrow on the $20.5 million beachfront mansion in Pacific Palisades, real estate sources told TMZ on Saturday. The Spanish-style home is said to have […]

Real estate prices in Silicon Valley exceed $2 million; 8 of the eleven most expensive US cities are in California


Real estate prices in Silicon Valley exceed  million; 8 of the eleven most expensive US cities are in California

The median home price in Silicon Valley exceeded $2 million in the second quarter – the first time a metropolitan area in the U.S. has crossed that threshold. Eight of the 11 most expensive places in the country to buy a home were in California. RELATED: Why the $20 billion Bay Area housing bond could […]

Bay Area man charged with stealing 73 guns from Northern California gun shop


Bay Area man charged with stealing 73 guns from Northern California gun shop

A Marin County man has been arrested on suspicion of stealing 73 guns from a gun store in Placer County. The crime occurred about three hours early in the morning on July 22. Authorities allege that Tyrone Brennen, 39, of San Rafael, used a power tool to gain entry to Foothill Firearms in Newcastle and […]