archiveWeather

Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...

SANTA BARBARA COUNTY, Calif. – The Santa Barbara County Grand Jury released a report of its findings about local water resources Friday. The investigative body found that while water is a finite local resource with unique collection and distribution challenges, each entity tasked with providing water across the county has made notable proactive plans to prepare for potential droughts and increased demands from future population growth. Additionally, the 2024-2025 Grand Jury found that coordination amongst county-wide water management groups, "has improved significantly" since a 2016-2017 Grand Jury finding that limitations...

A proposal to lift the current 1% cap on property tax growth to as much as 3% has been shelved. According to The Washington State Standard, Democrats abandoned efforts to advance the plan because they lack a three-corners agreement—meaning the Democratic leadership of the House, Senate, and Washington Governor Bob Ferguson are not all on board. Ferguson said shelving the property tax plan was the right decision. “We have to look at a lot of revenue sources, and I think we need to minimize the impacts on working people in...