State Insurance Commissioner Ricardo Lara speaks during a press conference with Los Angeles labor leaders and advocates in September. Photo by Alisha Jucevic for CalMatters As a string of last-minute deals surfaced this week before Thursday night’s end of the legislative session, one highly anticipated proposal was not among them — a plan to keep insurance companies in California even as the financial risk from wildfires grows. A key deadline passed Monday night without a bill, dooming the effort for the year, despite involvement from legislative leaders, Insurance Commissioner Ricardo Lara and Gov. Gavin Newsom. Negotiators struggled to find a balance between loosening regulations on
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