Teams being deployed to prevent, prosecute insurance fraud after fires
Los Angeles Dist. Atty. Nathan Hochman and Insurance Commissioner Ricardo Lara announced a "rapid response effort" to prevent insurance fraud after the devastating fires.
CA congressman calls out state's insurance boss to implement rate freeze amid crisis: 'Do your job'
"Get off your butt and do your job," says former California Insurance Commissioner, Rep. John Garamendi to current Commissioner Ricardo Lara as wildfire damage calls into question the stability of the state's insurance market.
NBC Los Angeles on MSN8d
California Department of Insurance announces workshops. What to know
California Insurance Commissioner Ricardo Lara will host a pair of insurance workshops in Santa Monica and Pasadena over the following weeks to aid people in Los Angeles County in the rebuilding process.
MyNewsLA on MSN6d
State official Ricardo Lara warns of fraud targeting survivors of LA wildfires
Workshops on Jan. 18 and Jan. 25 in Pasadena and Santa Monica will help homeowners understand their insurance policies.
Here's what not to do if your California home was damaged, destroyed by wildfire
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't sign anything right away.
Santa Barbara Independent3d
Commissioner Lara Expands Moratorium Protecting More Wildfire Survivors
Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the Pacific Palisades and the San Gabriel Valley's Eaton fire zones.
California's FAIR Plan faces financial strain amid Los Angeles wildfire crisis
As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will likely be a massive influx of fire claims.
Will California insurance reforms be enough to stop insurers from leaving?
California Insurance Commissioner Ricardo Lara said new regulations will keep homeowners insured. Some of the new efforts give insurance companies more leeway in raising rates, while allowing them to use computer modeling to forecast risk and to incorporate their own “reinsurance” costs from backup providers in setting future premiums.
California Insurer Canceled Policies Months Before Los Angeles Wildfires
State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades—the same area which is now being ravaged by a devastating wildfire.
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.
CNN on MSN9d
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year-old parents’ home in Los Angeles County ... State Insurance Commissioner Ricardo Lara and consumer groups say. Insurers in California have been refusing to write new policies in areas they ...