New State Farm Seeks Emergency Rate Hike Amid California WildfiresBy insurancejournalnewsMay 2, 20250 California’s largest insurer requests immediate rate increases citing $7 billion in expected claims from LA County fires
New Lara Defends Bermuda Trip Amidst Concerns Over California Insurance MarketBy insurancejournalnewsMarch 24, 20250 California Insurance Commissioner Ricardo Lara addressed concerns about the state’s insurance market during a recent Assembly committee hearing, defending his trip to Bermuda for meetings with reinsurers.
New How Florida Avoided California’s Insurance Mess, and Why It Must Stay the CourseBy insurancejournalnewsMarch 16, 20250 Florida’s insurance market stabilized after reforms. Now, the state must avoid California’s path of overregulation.