The short meeting on one of the state's biggest issues comes as communities recover from the devastating and expensive Los ...
It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...
For Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...
With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...
By: Jeanine M. Donohue and Cecilia O. Miller As policyholders take stock of their losses and begin the daunting task of ...
Calif., criticized his reform plans, California Insurance Commissioner Ricardo Lara accused him of "white mansplaining" ...
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more ...
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.
Insurance Commissioner Ricardo Lara has been grappling with the troubled market for his six years in office, and now his controversial plan to reform it will be put to the test after the costliest ...
The storm expected to hit Southern California on Wednesday could wreak havoc in those same areas devastated by wildfires in January.
In August 2024, Lara granted Consumer Watchdog eligibility to seek compensation but only for two years, saying the ...
As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers ...