California Focus: Lara, Newsom appear bent on enriching insurance companies ...Middle East

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California Focus: Lara, Newsom appear bent on enriching insurance companies
source : Ukiah Daily Journal ( Middle East ) () 63
From the way they’re acting, it’s clear Gov. Gavin Newsom and state Insurance Commissioner Ricardo Lara believe they have no choice other than caving in to insurance industry blackmail. Or maybe it’s extortion. Either way, these two supposedly strong and independent officials have been working steadily this year to enrich insurance companies. When State Farm announced a 30 percent hike in property insurance rates, neither elected official blinked. The same when Allstate and others announced even larger rate increases. Newsom, at least, has the grace to gripe about inflation at the same time he’s helping cause it. Lara doesn’t even mention the fact that astronomically higher homeowner and bus

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