Levi Sumagaysay
CalMattersLevi Sumagaysay covers the economy for CalMatters. Previously, she was a senior reporter who covered worker issues, the gig economy, inequality and corporate accountability for MarketWatch. She also was a longtime reporter and tech and business editor at the Mercury News. She is based in the Bay Area.
-
In November, California voters will choose who oversees one of the biggest insurance markets in the world. -
The measure, which was opposed by Gov. Gavin Newsom and the state’s public utiliites, never came to a vote in the Assembly. -
Gov. Gavin Newsom backed off his plans to ease costs for utilities following wildfires they cause, striking a narrower deal with Democratic lawmakers. -
Gov. Gavin Newsom is rushing a plan to provide financial relief to utilities facing massive lawsuit payouts because of California wildfires. Some lawmakers are fighting it. -
Insurance affects the cost of rent, housing supply and recovery from disaster. -
Two Democrats will compete in November to regulate the insurance market amid increasing climate change risks, the aftermath of the 2025 Los Angeles fires. -
From a public wildfire authority to a state backstop, California insurance regulator candidates propose greater state involvement. -
Small retailers — facing higher costs, uncertainty from tariffs and now rising fuel and shipping prices — wonder how long they can survive. -
The states argue that President Trump is incorrectly using a never-before-invoked law to put these tariffs in place. -
The U.S. Supreme Court ruled today that President Trump does not have the authority to impose broad tariffs under the emergency act he has cited. Tariffs have affected California ports, farms, businesses, workers and consumers. -
As fire survivors continue to navigate life after disaster, California lawmakers roll out new bills attempting to further regulate insurance companies like State Farm. -
As talk of a possible AI bubble grows, so does uncertainty around an important source of California tax money.
