Insurancenewsnet.com1h
California Matters: Los Angeles wildfires intensify political jousting over home insurance premiums
The horrendously destructive and deadly Los Angeles wildfires erupted in January just as Insurance Commissioner Ricardo Lara's historical and very controversial overhaul of how insurers calculate ...
State Farm says LA wildfire losses total $7.6 billion
State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.
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 ...
The Cool Down on MSN12h
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 Democrat4h
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 ...
California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within two weeks
Ricardo Lara said he will look at information from State Farm om the California home insurance market before revisiting ...
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 ...
KNX News Radio Los Angeles on MSN3h
State Farm 22% rate hike up for discussion at CA Insurance Commissioner meeting
Representatives from State Farm will be meeting with the California Insurance Commissioner Wednesday to discuss the insurer’s ...
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 ...
Following Wildfires, California Homeowners Face Insurance Rate Hikes As 660,000 Policies Get More Expensive
California’s devastating wildfires have pushed the state’s insurance crisis to new heights, with two major carriers ...
California insurance commissioner meets privately with State Farm, promises rate hike decision within two weeks
In summary Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike. California’s largest insurer should ...