insurance rates – California Globe

California’s Homeowners’ Insurance Market Is Broken; Here’s How to Repair It

June 19, 2025 2:33 pmJune 19, 2025 2:33 pm

California Insurance Commissioner Ricardo Lara recently stated that “we are in a statewide insurance crisis, affecting millions of Californians.” In the last few years, major insurance companies like State Farm General have restricted new business in California and have failed to renew thousands...

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...

Uber Raises Minimum Age For Rideshare Drivers Because Of Higher Insurance Costs, Litigation Concerns

August 24, 2023 4:43 pmAugust 24, 2023 4:43 pm

Rideshare company Uber announced on Thursday that because of California’s high insurance rates and litigation environment, that they will no longer be hiring drivers in the state who are under 25. In recent months, Uber has been dealt several legal...