Insurance Commissioner Ricardo Lara News

Court Rules California FAIR Plan Can Offer Only Fire Insurance

SACRAMENTO, Calif. — A fund that offers only fire insurance to California residents in wildfire-prone areas can’t be required to provide coverage for other hazards such as flooding or theft, a judge ruled this week. Superior Court Judge Mary Strobel …

Insurance Plan Fights Overhaul Aimed at Wildfire Areas

SACRAMENTO, Calif. — As California homeowners in wildfire-prone areas struggle to find insurance, a lawsuit filed Friday will test the state’s authority to help them. California’s insurance industry pays into a fund that sells coverage to people who can’t buy …