News
California's next insurance commissioner will have 'brutal' balancing act
4+ hour, 22+ min ago (799+ words) In November, Californians will vote for "the second-hardest job in the state behind the governor." That's according to someone who has held the job twice: John Garamendi, who was the state's first elected insurance commissioner in the 1990s and served again…...
Opinion: Californians’ view of insurance must shift from piggy bank to safety net
2+ mon, 1+ week ago (442+ words) We're in the final stretch of our year-end fundraiser! Will you help us strengthen local news? For decades, we've approached insurance with two guiding principles that quietly undermine the entire system: find the cheapest policy possible, and then get every…...
State Farm Can Hike Rates on California Homeowners, If It Pauses Cancellations and Proves Need
11+ mon, 3+ week ago (866+ words) California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm's request to raise home insurance premiums by 22% on average if the company agrees to certain conditions " and wins approval at a public rate hearing next month." Lara's…...