Ricardo Lara

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 – 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 – 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...

Consumer Watchdog Says Lara’s Undisclosed Deal Will Allow Insurance Companies to Use Algorithms And Reinsurance Costs to Hike Home Insurance Rates, Potentially Turning California...

Sacramento, CA --- Today’s announcement by Insurance Commissioner Ricardo Lara that he would allow insurance companies to use secret algorithms to set rates for homeowners’ coverage for wildfire and...

California Should Build A Public Model to Predict Wildfire Risk, Protect Homeowners from Insurance Price-Gouging, Consumer Watchdog Tells Insurance Commissioner

Secret Black Box Climate Models are Prohibited by Proposition 103 Los Angeles, CA – At a Department of Insurance hearing today, the non-profit organization Consumer Watchdog will propose that California build...

KABC-LA (ABC) – Los Angeles, CA: Allstate and State Farms Profits Are Four Times the National Average

Harvey Rosenfield says Insurance Commissioner Ricardo Lara needs to step in and enforce the law.

Insurance Commissioner Lara Must Use Prop 103 Authority to Reverse State Farm’s Pullback 

Los Angeles, CA -- State Farm’s announcement on Friday that it would immediately stop selling homeowners insurance to new customers in California is unlawful under Proposition 103, and appears...

KNX-AM (Radio) – Los Angeles, CA; Top 6 Auto Insurance Providers Collectively Rasied Prices Over $1 Billion

By Craig Figner, KNX – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.

KPCC-FM (Radio) – Los Angeles, CA; Over A Billion Dollars In Auto Insurance Rate Increases Have Been Approved By The Commissioner Without Adequate Review

By Staff Reporters, KPCC - Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.

The Los Angeles Times – California State Farm Car Insurance Customers To See A $264-Million Rate Increase

By Ronald D White, THE LOS ANGELES TIMES https://www.latimes.com/business/story/2023-03-27/california-state-farm-car-insurance-customers-to-see-a-264-million-rate-increase California drivers who use State Farm for their auto insurance coverage are facing a premium increase of $263.7 million, the largest total...

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