The Latest Breaking News from Ricardo Lara

Farmers Insurance has applied for a 6.99% rate increase on California homeowner policies and proposes a 22% discount for bundling home and auto coverage, while lifting its policy cap.

Mercury Insurance has filed for a 6.9% rate hike in California under a new wildfire modelling law, sparking outrage as residents face soaring premiums amid a deepening insurance crisis.

A consumer advocacy group has filed a lawsuit to block insurers from charging California customers for $500 million in costs associated with the January Los Angeles wildfires

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop in its surplus account in the past decade.

The State Farm executive was fired after suggesting the LA wildfire victims ended up suffering because “ego” pushed them to build houses in fire-prone areas. The post State Farm Exec Fired Over Insensitive Remarks About LA Wildfire Victims In Bombshell Video first appeared on Bored Panda.

From insurance to affordable housing mandates, California's regulatory noose tightens over wildfire rebuilding efforts.

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