California Insurance Commissioner Ricardo Lara News

California Orders Workers’ Comp Carriers to Return Premiums Due to Stay-At-Home Orders

California Insurance Commissioner Ricardo Lara has issued an order adopting emergency workers’ compensation regulations in response to the COVID-19 pandemic. The new regulations go into effect on July 1. The regulations require insurance companies to recompute premium charges for policyholders …

Industry Representative Puts Fire Insurance Availability at Feet of Commissioner

California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new wildfire directives announced by the commissioner. Lara on …