California Insurance Commissioner Ricardo Lara was reportedly on a work-related trip in Bermuda instead of attending an ...
California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions ...
Insurance Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps to discuss proposed emergency policy rate increases of up to 38% to ...
Chief Administrative Law Judge Kristin Rosi’s departure leaves the independent bureau with just one judge on staff.
WOULDN’T WANNA BE YA: Insurance Commissioner Ricardo Lara is about to have to bite the bullet. After first hitting pause on an emergency 22 percent rate hike request by State Farm, the state’s ...
Commissioner Ricardo Lara accused Rep. John Garamendi, D-Calif., of trying to "White mansplain" the role of insurance commissioner after the Los Angeles Times reported his criticisms of the agency.
Commissioner Ricardo Lara said the state’s largest home insurer has failed to prove it needs the increase or explain how the additional premium dollars would affect its prior decisions to stop ...
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 company requested immediate approval of interim rate increases effective May 1 amounting to 22% for homeowners, 15% for renters and 38% for rental dwellings. State Farm announced in May 2023 ...
"Our decisions must be guided by transparent data and an honest reckoning with the challenges we all face together," Commissioner Ricardo Lara wrote in a letter to State Farm. The company ...
Late Thursday, California Insurance Commissioner Ricardo Lara issued "a mandatory one-year moratorium on insurance non-renewals and cancellations" for ZIP codes in areas directly affected by the ...
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner Ricardo Lara rejected it. Since taking office, Lara has been trying to ...