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 General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.

Insurance Commissioner Ricardo Lara has been grappling with the troubled market for his six years in office, and now his ...

"The FAIR Plan paid out $914 million." California official makes $1 billion request in wake of wildfires — here's why the ...

Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...

Ricardo Lara said he will look at information from State Farm om the California home insurance market before revisiting ...

Ricardo Lara was the subject of an FPPC complaint filed in 2022 by Consumer Watchdog, a Los Angeles advocacy group that has ...

Let us know State Insurance Commissioner Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an average of 22 percent because of the 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 ...

Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...

In the wake of the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California ...

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 ...