Browsing: Ricardo Lara

As extreme weather events become more frequent and severe, California homeowners are losing their insurance coverage, leading to an escalating crisis.

California’s insurance commissioner will meet with State Farm to discuss the company’s request for a substantial emergency rate increase to cover wildfire costs.

Insurance Commissioner Ricardo Lara faces scrutiny as California wildfires exacerbate the state’s homeowners insurance challenges, sparking debate over reform and industry relations.

California’s insurance commissioner unveils a plan to stabilize the state’s insurance market in the face of increasing wildfire risks, prompting mixed reactions from stakeholders.

California’s Sustainable Insurance Strategy aims to improve insurance access, create a resilient market, and protect communities from climate change impacts.