California Insurance Commissioner Ricardo Lara discusses the complex insurance system as homeowners look to rebuild after LA's fires.
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.
The wildfires levied significant long-term damage, with thousands of homes destroyed, billions in damages and a worsening of ...
Newsweek on MSN10d
State Farm Slammed For Seeking Up to 38% Policy Hike Following WildfiresState Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
Commissioner Ricardo Lara’s office encouraged insurers to make the payments, saying the companies should report back by Feb. 28 whether they have gone along with the request. “It is inhumane ...
State Farm General, California’s largest fire insurance provider with nearly three million policies, is seeking interim rate hikes in the wake of the L.A. wildfires. Why now: State Farm sent a ...
The partnership described by Insurance Commissioner Ricardo Lara and L.A. County District Attorney Nathan Hochman focuses on raising awareness, prosecuting fraud and equipping survivors with tools ...
LOS ANGELES, Feb. 3, 2025 /PRNewswire/ -- State Farm this morning asked Insurance Commissioner Ricardo Lara to authorize an immediate 22% increase in State Farm's home insurance rates, amounting ...
State Farm seeks urgent insurance rate increases, citing financial strain from LA fires and market challenges.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback