
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 day 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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1 day 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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1 day ago |
latimes.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 Assn., 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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1 day ago |
dailygazette.com | Laurence Darmiento
State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed...
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1 day ago |
dailygazette.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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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…