New legislation would force FAIR Plan transparency after CBS News California investigation

Name: New legislation would force FAIR Plan transparency after CBS News California investigation
Uploaded: 2026-02-03T16:21:00-0800
Duration: 3 min 59 s
Description: A year after CBS News California Investigates exposed secrecy inside the California FAIR Plan, Insurance Commissioner Ricardo Lara is backing legislation that would open meetings and financial records and require public reporting for the state's insurer of last resort.

A year after CBS News California Investigates exposed secrecy inside the California FAIR Plan, Insurance Commissioner Ricardo Lara is backing legislation that would open meetings and financial records and require public reporting for the state's insurer of last resort.