Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
California Insurance Commissioner asks State Farm to justify 22% insurance rate increase
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Los Angeles Times6d
Insurance commissioner: Wildfire victims should be paid without itemizing lost contents
California’s elected insurance commissioner has asked ... to provide a complete inventory of all they lost. Commissioner Ricardo Lara’s office encouraged insurers to make the payments, saying ...
Homeowner Surcharge to Bailout Insurers for FAIR Plan Losses Unfair and Illegal, Says Consumer Watchdog
Insurance Commissioner Ricardo Lara announced today he would let home insurance companies charge every homeowner in the state for losses by the FAIR Plan in the Los Angeles fires.
Yahoo News Canada6d
Insurance commissioner: Wildfire victims should be paid, without itemizing lost contents
California’s elected insurance commissioner has asked the state’s insurers ... requiring policyholders to provide a complete inventory of all they lost. Commissioner Ricardo Lara’s office encouraged ...
State Farm must wait on emergency home insurance rate increase bid after California wildfires
Insurance Commissioner Ricardo Lara said State Farm must answer more questions about its finances before the company can be approved for an emergency rate increase in response to the devastating fires ...
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STATE FARM ASKS FOR MORE INSURANCE RATE INCREASES AFTER LA FIRES
CalMatters is a public interest journalism venture committed to explaining how California’s state Capitol works and why it matters Photo: The Eaton Fire burns in the community of Altadena.
World Socialist Web Site4d
The wildfire profiteers: Insurance, corruption, and the Democratic Party’s complicity
In 2023, after State Farm and other insurers began threatening to pull out of California altogether, two-term California Insurance Commissioner Ricardo Lara played an essential role in favor of ...