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BUSINESS
September 18, 1994
Your article regarding the pullback of homeowners insurers in California ("A Crisis on Hold," Sept. 3) barely touches the surface of the crisis that some homeowners are facing now or within the next couple of years. As owners of a pre-1945 house insured by 20th Century Insurance Co., we are facing a brick wall in trying to insure our home. In less than two years, 20th Century will not renew our policy. This is despite the fact that our "old home" has withstood earthquakes since 1925 without any damage.
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BUSINESS
September 18, 1994
Your article regarding the pullback of homeowners insurers in California ("A Crisis on Hold," Sept. 3) barely touches the surface of the crisis that some homeowners are facing now or within the next couple of years. As owners of a pre-1945 house insured by 20th Century Insurance Co., we are facing a brick wall in trying to insure our home. In less than two years, 20th Century will not renew our policy. This is despite the fact that our "old home" has withstood earthquakes since 1925 without any damage.
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BUSINESS
August 30, 1994 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Citing earthquake fears, Dallas-based Republic Insurance Group said it will "substantially withdraw" from California over the next two years and will stop writing new policies as of Sept. 9. Larger insurers, such as State Farm Mutual Automobile Insurance Co., Allstate Insurance Co. and Farmers Insurance Group, have sharply pared back their writings of homeowners and earthquake policies in the wake of the Jan.
BUSINESS
August 30, 1994 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Citing earthquake fears, Dallas-based Republic Insurance Group said it will "substantially withdraw" from California over the next two years and will stop writing new policies as of Sept. 9. Larger insurers, such as State Farm Mutual Automobile Insurance Co., Allstate Insurance Co. and Farmers Insurance Group, have sharply pared back their writings of homeowners and earthquake policies in the wake of the Jan.
BUSINESS
October 31, 2008 | Catherine Ho, Ho is a Times staff writer.
First American Corp., one of the nation's largest title insurers, lost $8.3 million in the third quarter because of declining sales of title insurance and rising costs related to the housing foreclosure crisis. The net loss of 9 cents a share contrasts with a year-earlier profit of $46.6 million, or 49 cents a share. Revenue at the Santa Ana company fell 26% to $1.5 billion.
NEWS
May 1, 1989 | KENNETH REICH, Times Staff Writer
A recent federal court decision requiring this central California city of 28,000 to change from at-large to district-by-district voting for City Council seats has set a precedent for California and has the potential to greatly enhance Latino political power. In Texas, where about 100 cities in the last few years have either been ordered or agreed to make such a transition as a result of lawsuits brought under the U.S. Voting Rights Act, the result has been much greater representation in municipal governing bodies for minorities, particularly Latinos.
NEWS
October 24, 1994 | DEBBIE KONG, TIMES STAFF WRITER
Raymond Rubio, a firefighter for seven years, considers himself a victim of last year's firestorms. His Laguna Hills tract home--seven miles from the Laguna Beach fire--is unscathed. But two months ago, Rubio was abruptly told that his fire insurance policy was being canceled. The reason: "a significant exposure to brush," a reference to a creek bed that lies a football field's length away from Rubio's front door.
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