Insurance Commissioner Finalizes Plan Allowing Secret Algorithms to Raise Home Insurance Rates; Lies About Making Insurers Sell More Coverage in Return, Says Consumer Watchdog

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LOS ANGELES, Nov. 14, 2024 /PRNewswire/ — Insurance Commissioner Ricardo Lara is not being honest with Californians about making insurance companies sell more in wildfire areas in return for using secret algorithms to hike rates, Consumer Watchdog said in a Consumer Alert video about…

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