The timing could not have been better — or worse. The horrendously destructive and deadly Los Angeles wildfires erupted in ...
Farmers Insurance said claims from the Los Angeles fires will cost it at least $600 million, a substantially smaller initial ...
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...
State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
Ricardo Lara — have done enough to protect homeowners from not having adequate insurance to cover their losses. The former legislator from southeast Los Angeles County has been grappling with ...
"If State Farm were truly in crisis, it had ample time to act with urgency," said Pamela Pressley, Senior Staff Attorney at Consumer Watchdog. "Instead, it stalled, then declared an emergency at the ...
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 General, California’s largest home insurer by far, estimates it will pay $7.6 billion to survivors of the Los ...
State’s commissioner juggles often-conflicting goals of protecting homeowners and stabilizing the insurance market.
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General’s request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more ...