Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve any rate increases for more than two years, since the start of the coronavirus pandemic. The companies …
California Insurance Commissioner Ricardo Lara on Monday ordered insurers to preserve residential insurance coverage following Gov. Gavin Newsom’s latest emergency declarations. The commissioner’s order shields policyholders within the wildfire perimeter or in adjacent ZIP codes of the Mountain, Barnes, and …
California Insurance Commissioner Ricardo Lara on Thursday ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s latest wildfire emergency declarations. Lara’s order shields policyholders within the wildfire perimeter or in adjacent ZIP codes of the Mosquito and …
California Insurance Commissioner Ricardo Lara on Wednesday submitted an insurance pricing regulation to the California Office of Administrative Law to recognize and reward wildfire safety and mitigation efforts made by homeowners and businesses. The regulation is said by Lara’s office …
California Insurance Commissioner Ricardo Lara announced a major settlement with National Health Insurance Co. The California Department of Insurance alleged that the company continuously violated California law since 2015 by failing to post a list online of covered prescription drugs …
California Insurance Commissioner Ricardo Lara has ordered insurers to preserve residential insurance coverage for 8,500 affected homes following Gov. Gavin Newsom’s emergency declaration as wildfires in Siskiyou County continue to threaten homeowners. The commissioner’s order shields those properties within the …
California Insurance Commissioner Ricardo Lara this week ordered insurers to preserve residential insurance coverage for the county of Mariposa following Gov. Gavin Newsom’s emergency declaration. Lara’s order shields those properties within the perimeter or in adjacent ZIP Codes of the …
California Insurance Commissioner Ricardo Lara announced a legal action on Monday against Mercury Insurance for reportedly violating consumer protection laws, including selling Mercury’s highest-priced policy to “good drivers” instead of the lowest-priced policy for which good drivers qualify. Lara’s action …
California Insurance Commissioner Ricardo Lara on Tuesday sent out a message to residents in Mariposa County who have been ordered to evacuate due to the Oak Fire that they may have homeowners or renters insurance to help with evacuation and …
California Insurance Commissioner Ricardo Lara on Tuesday adopted and issued a rate for workers’ compensation insurance pure premium that he said reflects California’s still-recovering economy. Lara’s action maintains the benchmark rate at $1.45 per $100 of payroll for workers’ comp …
