With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...
WOULDN’T WANNA BE YA: Insurance Commissioner Ricardo Lara is about to have to bite the bullet. After first hitting pause on ...
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LAist on MSNClimate politics and insurance intertwine, giving California official a no-win choice on State FarmFor Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
In August 2024, Lara granted Consumer Watchdog eligibility to seek compensation but only for two years, saying the ...
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The Cool Down on MSNCritics sound off on 'closed-door meetings' amid statewide catastrophe: 'Hostage to their demands'The California insurance commissioner is being criticized for his ties to the industry amid a statewide crisis. What's ...
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer ...
Insurance Commissioner Ricardo Lara has been grappling with the troubled market for his six years in office, and now his controversial plan to reform it will be put to the test after the costliest ...
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Westside Current on MSNMore Insurers Paying Wildfire Survivors Without Requiring Detailed InventoryMore insurance companies are now paying wildfire survivors' contents coverage without requiring a detailed inventory, ...
Insurance Commissioner Ricardo Lara is weighing an emergency 22% rate hike request by State Farm, the state’s largest insurer, following the Los Angeles fires. After first hitting pause on the ...
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Thousands of LA Wildfire Victims Get New Insurance BoostThousands of Los Angeles residents affected by the Hughes Fire have received an insurance boost after California insurance commissioner Ricardo Lara extended emergency protections to include ...
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