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California’s Department of Insurance released rules meant to encourage insurers to write more policies in high-fire-risk areas by using computer modeling.
Farmers Insurance is upping the number of home policies it writes each month and resuming coverage for condos, renters and other dwellings, saying the California insurance market has improved.
Shares of ServiceTitan, a Glendale business management software firm, rose 42% in the company’s initial public offering Thursday on the Nasdaq.
Wells Fargo’s decision to move its headquarters in San Francisco is the latest sign of how the banking industry is becoming less prominent in California.
ServiceTitan, a Glendale tech firm that makes business management software for plumbers, painters and other contractors, announced Tuesday that it wants to raise up to $502 million in its initial public offering on the Nasdaq.
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ServiceTitan, a Glendale tech company that makes software for plumbers, painters and other tradespeople, has filed for an initial public offering but has not disclosed how much money it plans to raise.
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant in Georgia.
The maker of electric vehicles and trucks has faced numerous challenges as the EV market has cooled, but its CEO is optimistic about Rivian’s future thanks to a joint venture with Volkswagen Group.
SpaceX launched its Starship rocket system on its sixth test flight Tuesday, with Donald Trump in attendance at Starbase, the company’s Texas launchpad.
Elon Musk’s ties to the Trump administration pose potential conflicts of interest for his various businesses that have extensive contracts with the federal government.
