The Latest Breaking News from Ricardo Lara

Will Insurance Commissioner Ricardo Lara bow to the industry giant or protect disaster-stricken Angelenos?

Private plans, such as State Farm, required to give to Fair plan so all residents have access to fire insurance

Actor and filmmaker criticised insurance companies for taking ‘billions of dollars out of communities’ only to ‘cancel millions of policies’ in fire-prone areas

Decades-old, voter-approved restrictions on insurers raising premiums have created a regulatory disaster to match the natural one.

Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.

Insurers can incorporate reinsurance costs in their calculations for what they will charge consumers.

The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit California, according to experts, who expect premiums to rise in a region already abandoned by many insurers.

As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners

California's Insurance Commissioner advocates for home-hardening grants to enhance wildfire resilience and protect communities.