Stacy Korsgaden – California Globe

Relentless Excellence Is the Way Forward

September 30, 2025 3:30 amSeptember 30, 2025 6:45 am

The horrific Southern California fires of January 7, 2025, remind us how fragile life can be. Our fellow Californians lost loved ones, homes, and treasured possessions. It is heartbreaking and impossible to measure. Insurance is an essential part of...

CA Department of Insurance: A Warning Shot to Every Free Market Believer

May 18, 2025 8:09 amMay 18, 2025 8:09 am

Californians are waking up to a hard truth: the Department of Insurance, bloated and broken, has become a hostile force in the state’s economy. Under the failed leadership of Commissioner Ricardo Lara, this out-of-control bureaucracy has devastated the insurance market...

Rebuilding the First Pillar: Get Government Out of the Way

May 12, 2025 9:00 amMay 12, 2025 9:01 am

This is the second installment in our series on fixing California’s insurance system. The first outlined the five pillars that once supported a thriving market. Today, we focus on the most maligned and misunderstood pillar of all: Insurance Companies. Insurance...

Rebuilding the Pillars of California’s Insurance System

April 2, 2025 2:40 pmApril 2, 2025 2:45 pm

Imagine the Client—the policyholder, the homeowner, the small business owner—as a structure held high upon five great columns. These columns represent the forces that uphold the insurance ecosystem: Insurance Companies, the Department of Insurance, Government at all levels, the Private...

Fixing California’s Broken Insurance System

February 27, 2025 4:20 pmFebruary 27, 2025 7:57 pm

In recent developments, California Insurance Commissioner Ricardo Lara has denied State Farm an emergency rate increase of 22% for homeowners insurance. This decision, while seemingly consumer-friendly on the surface, spells disaster for the largest insurer in the state, and by...

Systemic Mismanagement in California’s Insurance Sector

February 3, 2025 2:45 amFebruary 3, 2025 6:48 am

Insurance is the foundation of a robust financial strategy and is vital to securing a prosperous future for California. However, recent events, notably the wildfires in Los Angeles, have exposed severe systemic issues plaguing our state’s insurance industry. These issues...

Weak Leadership is Failing California’s Insurance Market

July 3, 2024 3:45 pmJuly 3, 2024 3:45 pm

They say weak leaders make hard times. Under the leadership of Ricardo Lara, the California Department of Insurance is cracking under pressure. The California insurance market is at a breaking point, and Lara is missing in action. As reported by...