Broken Promise: Rate Hikes Guaranteed, Coverage Expansion Dubious, After Lara's Secretive Model Reviews, says Consumer Watchdog

By SquaredTown on August 2, 2025

Broken Promise: Rate Hikes Guaranteed, Coverage Expansion Dubious, After Lara's Secretive Model Reviews, says Consumer Watchdog

LOS ANGELES, Aug. 1, 2025 /PRNewswire/ -- Insurance Commissioner Ricardo Lara is breaking his promise to Californians by guaranteeing rate hikes without guaranteeing more coverage, said Consumer Watchdog today, following his approval of another black-box wildfire model for use in pricing...

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