California insurance chief keeps ‘chin up’ ahead of FAIR Plan, policy reforms

A few weeks after California Insurance Commissioner Ricardo Lara rattled consumer groups with a proposed overhaul to the insurance-rate review process, the embattled state executive ended up at his parent’s home in East Los Angeles to catch his breath away from a chorus of calls urging him to resign.

The proposal in September capped a tough year for the commissioner, who was grappling with upheaval in California’s home insurance market and the aftermath and recovery from the January 2025 wildfires in Los Angeles County.