The Latest Breaking News from Ricardo Lara

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.

As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it will never be the same again, because he was not insured.

Los Angeles officials team up to combat insurance fraud post-wildfires, with a focus on protecting survivors and prosecuting offenders. FBI warns against s...

California has barred home insurers from dropping or refusing to renew California wildfire victims for a year

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.