Ricardo Lara

New York Times Investigation Finds Lara’s Plan Incentivized Insurers’ Dumping Of Policyholders Prior To LA Fires, Doubling FAIR Plan Enrollment

Los Angeles, CA - A New York Times investigation has found Insurance Commissioner Lara’s 2023 plan to deal with California’s insurance crisis incentivized insurance companies to dump policyholders before the LA wildfires...

Consumer Watchdog Responds to Commissioner Lara Fake News: Case That Lara Rules Violate the FAIR Plan Statute Is Going Forward

Los Angeles, CA - Today, a Los Angeles Superior Court judge adopted a ruling allowing Consumer Watchdog’s lawsuit to move forward against Insurance Commissioner Ricardo Lara, rejecting his attempt to dismiss...

Court Greenlights Consumer Lawsuit Challenging Insurance Commissioner’s Unlawful Pass-Through Surcharges Under FAIR Plan 

Los Angeles, CA â€” A Los Angeles Superior Court judge today finalized a ruling that allows Consumer Watchdog’s lawsuit to proceed against Insurance Commissioner Lara and the Department of Insurance’s...

State Farm Investigation Must Conclude Before Rate Hike Approved Says Consumer Watchdog 

Los Angeles, CA --  Consumer Watchdog issued the following statement on Insurance Commissioner Ricardo Lara’s announcement today of a market conduct examination into State Farm claims handling abuses after the Eaton...

Consumer Watchdog Sues to Stop Hundreds of Millions of Dollars in Unjustified Surcharges from Being Imposed on California Homeowners

Los Angeles, CA â€“ Consumer Watchdog sued the California Department of Insurance and Commissioner Ricardo Lara to protect California homeowners from hundreds of millions in surcharges that could soon appear...

Homeowners Dropped by Insurers And Facing Massive Rate Hikes Speak Out;  Consumer Watchdogs Say Lara Lied About Expanding Wildfire Coverage In Exchange For Higher Rates

Los Angeles, CA -- Homeowners who were dropped by their insurance company and confronted with massive rate hikes spoke out at an Assembly Insurance Committee oversight hearing of Insurance...

Bailout: Insurance Commissioner Would Force Homeowners to Pay for FAIR Plan Losses 

Los Angeles, CA -- Insurance Commissioner Ricardo Lara today proposed a multi-billion dollar policyholder bailout of the insurance industry for its exposure to wildfire losses at the FAIR Plan. Commissioner Lara’s proposal...

Consumer Watchdog Responds To Industry Attack On Its Right To Challenge Unjustified Rate Hikes; Calls On Insurance Commissioner Lara To Follow Law & Confirm Its...

Los Angeles, CA  -- Consumer Watchdog called on the Department of Insurance to stop erecting roadblocks to public oversight and confirm the organization’s eligibility to challenge excessive insurance rates and...

Commissioner Lara Proposes Minimal Oversight, Secrecy of Black-Box Wildfire Insurance Models

Proposed Regulation Will Raise Rates but Will Not Stop Home Insurance Companies’ Market Boycott, Says Consumer Watchdog Los Angeles, CA â€“ Insurance Commissioner Ricardo Lara’s proposal to let insurance companies use...

Records Show Insurance Commissioner’s Deal with Industry to Expand Wildfire Coverage is a Sham 

Los Angeles, CA â€“ Documents obtained under the Public Records Act and Prop 103 reveal details of the secret proposal to bail out the insurance industry that Commissioner Lara and...

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