If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't sign anything right away. Here's what you need to know.
The Los Angeles County fires have cast uncertainty over when the insurance crisis buffeting the entire state will ease, California Insurance Commissioner Ricardo Lara told the Chronicle during an interview Saturday in Santa Monica,
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los Angeles fires and may require a bailout that could ultimately be paid by homeowners statewide.
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't sign anything right away.
California's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office said.
The California insurance commissioner expanded the emergency protections covered by his recent moratorium for Southern California residents affected by wildfires.
Ricardo Lara stood up for wildfire victims by placing a 1-year ban on insurance companies canceling or not renewing policies for homeowners.
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect Southern California residents affected by the recent fires.​
As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners
A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their home is near a site affected by wildfires.
California Insurance Commissioner Ricardo Lara issued a one-year moratorium that protects homeowners' insurance if they live in the areas impacted by wildfires.
Steven Greenhut joins us to discuss how California’s ongoing insurance crisis could be a double whammy for Southern California wildfire victims looking to rebuild. He gives the history of the state’s festering insurance crisis,