It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...
WOULDN’T WANNA BE YA: Insurance Commissioner Ricardo Lara is about to have to bite the bullet. After first hitting pause on ...
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 ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
In August 2024, Lara granted Consumer Watchdog eligibility to seek compensation but only for two years, saying the ...
The storm expected to hit Southern California on Wednesday could wreak havoc in those same areas devastated by wildfires in January.
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.
Chief Administrative Law Judge Kristin Rosi’s departure leaves the independent bureau with just one judge on staff.
A State Farm executive was fired over an undercover video of comments he made about the insurer's California 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 ...
As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers ...