Laurence Darmiento
Assistant Business Editor at Los Angeles Times
Staff Writer at Los Angeles Times
I cover finance, insurance, aerospace and dealmakers in Southern California. Tips welcome. [email protected]
Articles
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1 week ago |
latimes.com | Laurence Darmiento
The Sepulveda Basin Wildlife Reserve suffers from many of the ills that might be expected of a natural area located in the middle of the nation’s second-largest city, including litter and even biohazards such as discarded needles from nearby drug use. But on Saturday morning a few hundred volunteers had another culprit in their sights: Rhamphospermum nigrum, a nonnative plant better known as black mustard that has flourished in the 225-acre reserve and the wider Sepulveda Basin Recreation Area.
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2 weeks ago |
americanmilitarynews.com | Laurence Darmiento
Insurers are seeking to charge homeowners across California for some of the costs of the catastrophic Los Angeles County fires the companies were burdened with when the state’s insurer of last resort needed a bailout. The California FAIR Plan Association, with the approval of state Insurance Commissioner Ricardo Lara, assessed its member carriers $1 billion on Feb. 11 when the plan was swamped with thousands of claims after the Jan. 7 fires in Pacific Palisades, Altadena and Sylmar.
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3 weeks ago |
consumerwatchdog.org | Laurence Darmiento
By Laurence Darmiento, LOS ANGELES TIMEShttps://www.latimes.com/business/story/2025-05-13/administrative-law-judge-approves-denies-revises-state-farms-request-for-a-17-emergency-rate-hike-la-wildfiresInsurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates.
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3 weeks ago |
businessandamerica.com | Laurence Darmiento
Elon Musk and his companies faced at least $2.37 billion in potential federal fines and penalties the day President Trump took office, according to a congressional report released Monday that highlights the possible conflicts of interest posed by the billionaire’s cost-cutting work in government. The 43-page memo by the minority staff of the Senate’s Permanent Subcommittee on Investigations, led by Sen.
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3 weeks ago |
latimes.com | Laurence Darmiento
An administrative law judge endorsed a request by State Farm General to increase its homeowner rates by 17%, at least partially due to losses it suffered in the Jan. 7 fires in Los Angeles County.
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Scott Bessent kicks off Milken bash by doubling down on Trump agenda https://t.co/49Gl09zddK
"Elon Musk's conflicts of interest: $2.37 billion in potential federal penalties, report says." Here's my write-up on the report by Dem Sen. Richard Blumenthal. https://t.co/KcJsj7Tvce
RT @Insure_Fairly: Great reporting from @ldarmiento and @sandhya__k on skyrocketing enrollment in CA’s FAIR Plan after private insurers dro…