The Department of Insurance said Commissioner Ricardo Lara went to Bermuda to deliver a keynote address at a conference for insurance executives.
California Insurance Commissioner Ricardo Lara faces new scrutiny after traveling to Bermuda for an insurance conference last week. His critics echoed their discontentment with his close relationship with industry leaders, dozens of which were at the conference. However, Lara's office said the commissioner delivered a keynote address at the conference.
' Last Friday, Lara announced that 'provisionally' approved State Farm's emergency rate increase of 22% following its financial troubles stemming from the LA wildfires.
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