May 26, 2023
California Insurance Commissioner Ricardo Lara issued a decision this week regarding the Workers’ Compensation Insurance Rating Bureau of California’s Sept. 1, 2023 regulatory filing. The Commissioner approved all of the WCIRB’s proposed changes to: the California Workers’ Compensation Uniform Statistical …
May 17, 2023
California Insurance Commissioner Ricardo Lara and California Labor Commissioner Lilia Garcia-Brower on Monday announced the resolution of criminal charges filed against Golden Food Inc in a plea agreement in which the company admitted to a litany of labor violations, including …
March 30, 2023
California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage limits to $20 million for businesses unable to find coverage in the normal insurance marketplace. Lara and the FAIR Plan …
March 9, 2023
PCF Insurance Services in Lehi, Utah, named Jenni Lee Crocker president. Crocker was PCF’s senior vice president, growth and operations for the past year. She will remain on the board of directors at PCF after completing her two-year tenure as …
February 9, 2023
New figures show car sales in California continue to slowly return to pre-pandemic levels, which the state’s auto insurers believe is another indication the state’s insurance regulator needs to approve more rate filings. The California New Car Dealers Association this …
January 5, 2023
California Insurance Commissioner Ricardo Lara on Wednesday issued a formal notice to insurance companies reminding them of their legal duty to cover damage from any future mudslide or similar disaster that is caused by recent wildfires that weakened hillsides, as …
December 5, 2022
California Insurance Commissioner Ricardo Lara announced that Essilor Laboratories of America Inc. agreed to a $23.8 million settlement in a lawsuit that alleged the company violated the Insurance Frauds Prevention Act. The lawsuit alleged Essilor provided kickbacks and other unlawful …
November 28, 2022
California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin shields policyholders within the wildfire perimeter of the Route Fire and in adjacent ZIP codes from …
November 14, 2022
New data from the California Department of Insurance suggests some progress in the department’s push for California’s $409 billion insurance industry to partner more with the diverse small businesses. The latest results from the California Insurance Diversity Survey for 2021 …
November 9, 2022
In California’s election races, incumbent Democrat Ricardo Lara defeated Republican challenger Robert Howell, a small business owner, in the race for insurance commissioner. Lara won with 58% of the vote and 94.9% of the precincts reporting. Howell ran with a …