A fund that offers only fire insurance to California residents in wildfire-prone areas can’t be required to provide coverage for other hazards such as flooding or theft, a judge ruled this week. Superior Court Judge Mary Strobel this week issued …
A non-profit consumer group announced on Tuesday it has filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the California Department of Insurance to hand over records of Lara’s meetings and communications with insurance companies. The lawsuit was …
A newly proposed bill would clarify under California law the concept of “hardened homes” that are safer or more resistant to wildfires and then require admitted carriers to cover those homes. California’s insurance commissioner and several lawmakers on Tuesday introduced …
California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the nation’s largest cannabis market …
California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license. Lara announced the California Department of Insurance will use its discretion in deciding whether to issue licenses to those with …
California Insurance Commissioner Ricardo Lara this week announced his appointments of the newest members to the Curriculum Board and the California Insurance Guarantee Association Board of Governors. The Curriculum Board oversees the development of pre-licensing and continuing education curriculum for …
California wildfires dominated the news in Insurance Journal’s Western region in 2019, despite it being a quiet year relative to two consecutive years of deadly blazes that came before. Three of the year’s top 10 most read stories on IJ …
More than a million California homes are now protected under a new state order that temporarily bans insurance companies from dropping customers in areas affected by recent wildfires, officials announced this week. Insurance Commissioner Ricardo Lara issued a moratorium earlier …
Note: This is been updated with a statement from Lara’s office. The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the California …
California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new wildfire directives announced by the commissioner. Lara on …
