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 ...
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
Governor Newsom is banning insurance companies from canceling home coverage for LA wildfire victims — says folks ‘have suffered enough.’ Here’s why insurers left i…
Several insurance companies have stopped offering policies in California or are refusing to renew existing ones in an effort ...
Capital & Main1d
Burned: “Good Neighbor” State Farm Seeks Huge Rate Hikes After L.A. Fires
Firefighters had barely achieved full containment of the blazes that leveled whole neighborhoods in Los Angeles before State ...
State Farm’s request for emergency California rate hike has been denied
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
California Bill Would Force Insurers to Pay Full Coverage Without Requiring Itemization
A proposed new law would release homeowners from the onerous process of listing every object lost in a destroyed home.
insurancebusinessmag1d
Revealed - insurers may recover up to half of $1B California FAIR Plan assessment
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
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.
Insurancenewsnet.com3d
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 Ricardo Lara today took action to maintain its solid ...