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California Insurance Commissioner Ricardo Lara Abandons Fire Victims for Bermuda Junket with Insurance Execs

California Insurance Commissioner Ricardo Lara stole away to Bermuda for a junket last week, choosing to attend a conference of insurance executives instead of testifying at a state legislative hearing, with fire victims still in limbo. The post California Insurance Commissioner Ricardo Lara Abandons Fire Victims for Bermuda Junket with Insurance Execs appeared first on Breitbart.



California Insurance Commissioner Ricardo Lara attended an insurance executive conference in Bermuda instead of a state legislative hearing concerning fire victims. While there, he lectured on regulatory leadership and provisionally approved a 22% rate hike for State Farm, drawing criticism for being too close to the insurance industry. The California Department of Insurance has not commented on the matter.

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