Millions of California drivers will see auto insurance savings with the adoption of regulations presented at a California Department of Insurance workshop on Tuesday that would “end discrimination against lower-wage Californians,” according to the Consumer Federation of America and the …
State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company announced this week. The announcement comes as the California Insurance Commissioner Ricardo Lara on Thursday said insurers in California …
Insurers in California continued to overcharge drivers despite reduced risk of accidents during the pandemic, according to a report released today by Insurance Commissioner Ricardo Lara. Lara ordered auto insurance companies to return a percentage of paid premiums in April, …
California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …
California Insurance Commissioner Ricardo Lara on Thursday released revised draft regulations to expand drivers’ access to group discounts. The revised draft regulations will extend discounts to previously underrepresented drivers in the first major reform of group discounts since voters approved …
California Insurance Commissioner Ricardo Lara has named Mark Morales to lead the California Department of Insurance’s Diversity Task Force, the first LGBTQ+ person named to the post. Morales replaces Sal Peinado, Jr. He will lead the first quarterly meeting of …
California Insurance Commissioner Ricardo Lara on Monday announced a new partnership between the California Department of Insurance and Gov. Gavin Newsom’s Administration to establish statewide standards for home and community hardening aimed at reducing wildfire risk, protecting lives and property …
California Insurance Commissioner Ricardo Lara is alerting residents to review their current insurance policies in the midst of a forecast of winter weather bringing the possibility of floods, mudslides, debris flows, and other disasters to recent wildfire burn areas throughout …
California Insurance Commissioner Ricardo Lara announced that nearly 500 policyholders in six ZIP codes affected by the Mountain View Fire in Mono County were included in the mandatory one-year moratorium on insurance companies non-renewing or cancelling residential property insurance policies. …
Diverse California businesses supplied $2.1 billion in goods and services to insurance companies last year, a 16.7% increase since 2018. That’s according to the latest California Insurance Diversity Survey results released by Insurance Commissioner Ricardo Lara. Of the $2.1 billion …
