Browsing: Ricardo Lara

A State Farm executive was terminated following the release of an undercover video where he discussed the company’s attempts to increase insurance rates in California and criticized residents of fire-affected areas.

Insurance Commissioner Ricardo Lara will review information from State Farm before deciding on the company’s request for an emergency rate increase.

Insurance Commissioner Ricardo Lara faces challenges as wildfires coincide with new insurance regulations.

A town hall in Goleta addressed residents’ concerns about wildfire risks and home insurance costs in the wake of devastating fires.

Devastating Los Angeles fires exacerbate California’s insurance woes, testing the state’s plan to stabilize the market and increasing the financial strain on the insurer of last resort.

California’s Insurance Commissioner, Ricardo Lara, has denied State Farm’s request for an immediate rate increase following the Los Angeles fires, demanding more information and setting up a potential confrontation.

Insurance Commissioner Ricardo Lara unveils California’s Sustainable Insurance Strategy to address climate change, market challenges, and protect consumers.

California’s insurance commissioner unveils a plan to stem the exodus of insurers from the state, focusing on computer modeling and coverage requirements in high-risk areas.

The recent devastating fires in Los Angeles are expected to further strain California’s already beleaguered insurance market, raising questions about the state’s plan to stabilize coverage.

The California Department of Insurance is cautioning drivers about a surge in tow truck scams that involve holding vehicles hostage and demanding large payments.