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California insurance leader defends department's work amid pressure and home, auto challenges

California insurance leader defends department's work amid pressure and home, auto challenges
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Plan proposed to stabilize CA property insurance market by 2025

As California struggles to keep some of the nation's largest property insurers in the state, California Insurance Commissioner Ricardo Lara on Wednesday told state lawmakers the state's market could stabilize under his proposed plan by 2025, but it will mean higher prices for consumers. ....

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