L.A. wildfires up the pressure on California’s insurance commissioner
Insurance Commissioner Ricardo Lara has been grappling with the troubled market for his six years in office, and now his ...
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California official makes $1 billion request in wake of wildfires — here's why the funds are needed
"The FAIR Plan paid out $914 million." California official makes $1 billion request in wake of wildfires — here's why the ...
Santa Rosa Press Democrat16h
California to consider State Farm emergency rate increase request
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...
CA post-wildfire beef heats up as state insurance chief accuses Dem congressman of ‘White mansplaining’
Calif., criticized his reform plans, California Insurance Commissioner Ricardo Lara accused him of "white mansplaining" ...
Nearly three years in, state closes probe of top insurance regulator due to insufficient evidence
Ricardo Lara was the subject of an FPPC complaint filed in 2022 by Consumer Watchdog, a Los Angeles advocacy group that has ...
State Farm reports staggering insurance losses from Los Angeles wildfires
State Farm General, California’s largest home insurer by far, estimates it will pay $7.6 billion to survivors of the Los ...
California insurance commish to State Farm: go pound ashes
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
Farmers announces initial $600-million loss for Los Angeles fires
Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...
Los Angeles Daily News8d
State Farm’s rate hike shot down by California regulator
In the wake of last month’s Los Angeles fires, California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for California homeowners ...
California Bill Could Force Insurers to Change Payout Policies
Proposed legislation could force insurers in California to pay 100 percent of the coverage for belongings inside homes ...
State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses
State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire ...
Jefferson Public Radio8d
Big homeowner rate hike from State Farm shot down by California regulator
In the wake of the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California ...