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 ...
LA Times Today: L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
When State Farm insurance wanted an emergency rate hike of 22 percent after the wildfires, state insurance commissioner ...
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" ...
insurancebusinessmag8h
State Farm mulling options after Lara rejects emergency rate hike request
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency ...
Walters: 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 ...
LA wildfires intensify political jousting over home insurance premiums
The insurance commissioner must, of course, protect the interests of consumers, but one of those interests is a healthy ...
Santa Monica Daily Press6h
Big homeowner rate hike from State Farm shot down by California regulator
By Levi Sumagaysay CalMatters California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting up what could be a highly consequential ...
autobodynews1h
California Officials Warn of Tow Truck Scam Targeting Crash Victims
An organized ring in the Inland Empire is accused of towing vehicles to a body shop and demanding excessive fees for release.
These L.A. homeowners had coverage for fire. But not for the toxins left behind.
Clashes over covering smoke damage have become a growing issue in recent years as wildfires intensify and home insurance ...
Insurance Insider4d
Lara demands justification for State Farm rate hike
In a letter issued on Friday, Lara said State Farm’s request for an emergency interim rate increase can only be granted if ...
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 ...
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 ...