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California Insurance Commissioner Ricardo Lara is proposing new coverage plans to lure companies back to the state.
For four months, the frustrations and indignities have continued for victims of the Palisades and Eaton fires, especially for ...
Insurance Commissioner Ricardo Lara adopted an administrative law judge's recommendation Tuesday and granted State Farm General, the state's largest home insurer, a 17% emergency hike in its ...
After fielding complaints at a community meeting about how State Farm is handling Los Angeles wildfire claims, California Insurance Commissioner Ricardo Lara said an inquiry was not 'off the table.' ...
Mercury Insurance CEO Gabriel Tirador reassured Californians that the company isn’t leaving the state after this year’s ...
The ruling then put the decision in Insurance Commissioner Ricardo Lara hands. Within a few hours, Lara signed off on the rate hike. He agreed with the judge and said, in part, “I am balancing ...
Last year, Insurance Commissioner Ricardo Lara unveiled a slate of regulations aimed at giving insurers more latitude to raise premiums in exchange for more policies in high-risk areas.
State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California.