Levi Sumagaysay
@levisu.bsky.social
540 followers 510 following 130 posts
Economy reporter for CalMatters. Bay Area-based. Covered tech, business at MarketWatch and Mercury News. Rhymes with Chevy. Signal: levisu.36 https://levisu.me/ https://calmatters.org/author/levi-sumagaysay/ Mastodon: @[email protected]
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levisu.bsky.social
The other bill the governor recently signed was AB 234 by Asm. Lisa Calderon, which will put the state's top two lawmakers on the governing committee of the FAIR Plan, though they will be nonvoting members.
levisu.bsky.social
As I wrote earlier this year, the original goal of the bill was to "eliminate the list," meaning 100% coverage without an inventory.
levisu.bsky.social
Today, Gov. Newsom signed SB 495 by Sen. Ben Allen. Starting next year, insurance companies will have to pay 60% of personal property coverage limits to policyholders w/ a total loss w/o making them submit a detailed inventory for at least 100 days.
California lawmakers propose fixes for ‘insurance industry in shambles’
The fires that reduced Altadena, Pacific Palisades, and other Los Angeles-area neighborhoods to rubble have also shined a harsh light on California’s raging insurance crisis.
calmatters.org
levisu.bsky.social
Breaking news from my colleague @frombenc.bsky.social: The signature caps off a legislative year full of housing policy overhauls that even just a few years ago would have seemed unthinkable.
calmatters.org
After weeks of waiting, California's governor signed a bill that will allow mid-rise apartment buildings near major transit stops in California's biggest metro areas. https://cal.news/4n3hzge

📝 @frombenc.bsky.social
📸 Ray Chavez
Passengers look on as a BART train didn’t stop at the Rockridge BART station due to a systemwide closure that affected all BART stations, in Oakland on March 9, 2025. Photo by Ray Chavez, Bay Area News Group

Hed: Breaking: Gov. Newsom signs massive California housing overhaul
levisu.bsky.social
The other FAIR Plan bills he signed:
AB 1 : Residential property insurance: wildfire risk.

AB 226: California FAIR Plan Association funding.

AB 290: California FAIR Plan Association: automatic payments.

SB 525: California FAIR Plan: manufactured homes.
Reposted by Levi Sumagaysay
yousefbaig.bsky.social
California has been hit especially hard as oil refineries close nationwide. The state has so far offered a $30 million pot of money to help refinery workers transition out or train for new jobs. But it'll be hard to match the lucrative gigs they've had for years calmatters.org/economy/2025...
Oil refinery closures leave workers searching for a job that ‘just doesn’t exist’
As two more oil refineries prepare to close in California, workers who are laid off face limited job opportunities.
calmatters.org
Reposted by Levi Sumagaysay
calmatters.org
The news has sent counties throughout California into a panic. The state is bracing to lose hundreds of millions of dollars for permanent housing, which is the one thing experts agree on as the most effective way to solve homelessness. https://cal.news/4nBKuZI

📷 Fred Greaves
A person walks past a homeless encampment along X Street under State Route 99 in Sacramento on Oct. 25, 2024. Photo by Fred Greaves for CalMatters

HED:  California braces for ‘devastating’ expected cuts to federal homeless housing funds
Reposted by Levi Sumagaysay
carlquintanilla.bsky.social
“.. Beginning at 4:15 p.m. Monday, Hollywood Burbank Airport will have no air traffic controllers in their tower, ABC News has learned.”

#Shutdown
abc7.com/post/hollywo...
levisu.bsky.social
Update: Gov. Newsom also signed SB 371, a bill that was tied to the driver-unionization bill. It will lower insurance-coverage requirements for Uber and Lyft.
levisu.bsky.social
Important story by my colleague @ab-ibarra.bsky.social
calmatters.org
Immigration raids are straining mental health among children and school communities across California, a state where about 1 million children have a parent who is undocumented and about 300,000 students are undocumented themselves. https://cal.news/4gWGsss

📸 Zaydee Sanchez
The playground at Juan Lagunas Soria Elementary School is empty on a rainy day, on Sept. 18, 2025. Photo by Zaydee Sanchez for CalMatters/Catchlight

Quote: “Can you imagine taking a lesson of geometry when a part of your brain is tracking and texting your parent every once in a while?...That’s really, really difficult to do.” 
Maria Jarquin, a therapist who directs school-based mental health centers on behalf of Venice Family Clinic. She estimates that schools refer about 10 to 15 students to her mental health center each week. As many as a third of those referrals are prompted by stress and anxiety over ICE activity, she said.
Reposted by Levi Sumagaysay
Reposted by Levi Sumagaysay
calmatters.org
Gov. Gavin Newsom on Thursday threatened to cut billions in state funding from the University of Southern California if it complies with a Trump administration request to impose the president’s political priorities on campus. https://cal.news/42n1ESs

📸 Kirby Lee via AP
Gov. Gavin Newsom threatened to withhold state funding from the University of Southern California if it complies with a list of conservative requests from the White House. Photo by Kirby Lee via AP Photo

Hed: Newsom threatens to cut USC funding if it complies with Trump demands
Reposted by Levi Sumagaysay
aclu.org
ACLU @aclu.org · 10d
BREAKING: Our client Mario Guevara, an Emmy-winning journalist detained by ICE in retaliation for livestreaming law enforcement activity, will be deported tomorrow to El Salvador.

Mario and his family are being punished for his reporting. This cruelty is meant to stifle our free press.
levisu.bsky.social
'Gangster moves': I talked with Silicon Valley tech workers and experts about how President Trump's policies have affected the industry. They're worried about what's happening, what's next and how it could change one of California's most important economic engines.

calmatters.org/economy/2025...
H-1B visa fees, tariffs, a stake in Intel? How Silicon Valley has fared under Trump
Trump’s policies have affected Nvidia, AMD and the tech industry in different ways. Some experts worry about the effects on innovation.
calmatters.org
Reposted by Levi Sumagaysay
Reposted by Levi Sumagaysay
anjalienjeti.bsky.social
My god.

“Watson said she saw agents dragging residents, including kids, out of the building without any clothes on and into U-Haul vans. Kids were separated from their mothers…’It was heartbreaking to watch…seeing kids coming out buck naked and taken from their mothers, it was horrible.’”
Massive immigration raid on Chicago apartment building leaves residents reeling: 'I feel defeated'
The Department of Homeland Security said federal agents with Border Patrol, the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives arrested 37 people in the raid.
chicago.suntimes.com
Reposted by Levi Sumagaysay
carlquintanilla.bsky.social
JPM: “.. Incoming US labor market signals for September are sending a worrying sign of intensifying weakness. The ADP report showed a 32k contraction in private payrolls in September––the worst this year .. The contraction is all the more worrying because it was quite widespread ..”