California has some of the nation’s strongest consumer laws. The insurance commissioner simply hasn’t enforced them.
The latest episode of Consumer Watchdog's podcast series Smoke & Mirrors explores how a backdoor agreement between California Insurance Commissioner Ricardo Lara and major insurance companies led to a ...
Gov. Newsom is also facing pressure to oust the commissioner as insurance policyholders struggle with delayed and denied ...
Their request comes on the heels of a new report that found a 2023 plan struck between the commissioner and insurers resulted in more policyholders being dropped ahead of January's emergency.
“California’s insurance market is in crisis. As insurers scale back or exit the state’s insurance market, access to coverage ...
Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap ...
Allegations of coziness between California’s elected state insurance commissioner and the insurance industry led to accusations flying between him, critics in Sacramento and Washington, and frustrated ...
AN ACTIVE INVESTIGATION. CALIFORNIA INSURANCE COMMISSIONER RICARDO LARA WILL TESTIFY TOMORROW AT A HEARING ON THE STATE’S INSURANCE CRISIS AT THE STATE CAPITOL. THE HEARING WILL BE IN THE STATE ...
California Insurance Commissioner Ricardo Lara faces new scrutiny after traveling to Bermuda for an insurance conference last week. His critics echoed their discontentment with his close relationship ...
While Farmers has continuously offered homeowners insurance to consumers in the state, prior to today's announcement, Farmers homeowners offerings had been capped at 9,500 new policies per month.
Farmers Insurance has applied for a 6.99% rate increase on California homeowner policies and proposes a 22% discount for ...
Farmers Insurance lifts its cap on new California home policies, expanding options for homeowners amid a stabilizing market.