Posts for Archives: News
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Adding a Trust as Named Insured—Is It Necessary?
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Major labor and employment bills are progressing in the Legislature
Several key labor and employment bills remain active and under consideration in the California Assembly and Senate Appropriations Committees. -
Lara approves State Farm “Emergency” Rate Increase
California Insurance Commissioner Ricardo Lara has approved State Farm General’s request for an “emergency rate increase” of 17 percent… -
April 2025
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Lara Approves Increased FAIR Plan Commercial Coverage Limits
California Insurance Commissioner Ricardo Lara has approved a FAIR Plan filing to increase commercial property coverage limits from $20 million… -
IIABCal Fighting Efforts to Let Insurers Poach Brokers’ FAIR Plan Customers
Other than policyholders, insurance agents and brokers have suffered the most from the current crisis in the availability of property insurance… -
Are we required to reimburse 100% of employee expenses?
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March 2025
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FREE: Comm. Lara Orders Insurers to Fully Investigate Smoke Damage Claims
In response to ongoing wildfire recovery efforts and litigation over insurer liability for smoke damage claims, Insurance Commissioner Ricardo Lara directed… -
Senate Insurance Committee “Understanding CA Insurance Market”
(Unlocked) For years now, California's insurance market has become increasingly strained. At a time when the state needs more coverage…