2024: A make-or-break year for California?
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2024: A make-or-break year for California?

Shelby Rosenberg
December 20, 2023
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California Insurance Commissioner Ricardo Lara

Three months after California Insurance Commissioner Ricardo Lara’s promise to enact critical reforms to shore up the state’s ailing insurance market, many sources say carriers’ optimism is tenuous at best as 2024 shapes up to be another challenging year.

Since Lara released his plan in September, “there’s been nothing but bad news in terms of carriers continuing to retract from what independent agents are seeing”, Stephen Young, SVP and general counsel for the Independent Agents and Brokers of...

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Topics

News Homeowners' insurance Personal lines Property Rates Claims and losses
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