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.
California Insurance Commissioner demands more answers from State Farm on proposed rate hike
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
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 ...
Santa Barbara Independent3d
Commissioner Lara Takes Action to Ensure FAIR Plan can Continue Paying Consumer Claims After the Southern California Wildfires
Ordering the insurance companies’ FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner ...
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.
Marketplace28d
California insurance commissioner on navigating the insurance maze after LA’s fires
California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after LA's 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 ...
Consumer Watchdog Calls on Insurance Commissioner to Reject State Farm's Unjustified Emergency Rate Hike Request
Consumer Watchdog has submitted two letters to Insurance Commissioner Ricardo Lara objecting to State Farm's request for an emergency interim rate increase, citing a lack of justification and an ...