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COMMENTARY: Farmers should brace for new state water rules, fees

COMMENTARY: Farmers should brace for new state water rules, fees

California farmers and ranchers who divert water and violate orders or reporting requirements from the California State Water Resources Control Board may feel sticker shock when new increased penalties take effect Jan. 1. The state water board’s powers to issue fines for water rights violations were first established in the 1980s and have remained mostly unchanged.

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Farmers Insurance says it will add more policies in California

Farmers Insurance says it will add more policies in California

In a surprise announcement, California’s second-largest insurance provider, Farmers Insurance, says it is going to add more policies for property owners. Starting Saturday, Farmers told NBC Bay Area it will increase the number of new home insurance policies it accepts each month in California from 7,000 to 9,500.

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5 real estate predictions for 2025 from the NAR economic summit

5 real estate predictions for 2025 from the NAR economic summit

The past 12 months have put the real estate market in a blender, with market headwinds and regulatory changes twisting the landscape for agents and consumers alike. However, with 2025 around the corner, there’s renewed hope for a market rebound as inflation inches closer to 2 percent and the Federal Reserve projects several more rounds of federal funds rate cuts into 2025

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Treasury Wine Estates spends US$18m on winery in China

Treasury Wine Estates spends US$18m on winery in China

Treasury Wine Estates has acquired majority ownership of Ningxia Stone & Moon Winery to build its presence in China. The transaction, valued at CNY130m (US$17.9m) sees the Penfolds brand owner take a 75% stake in the business, which is based in the central Ningxia province.

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