John Garamendi, an eight-term congressman and former insurance commissioner, publicly criticized current commissioner Ricardo Lara. Garamendi is dissatisfied with Lara's acceptance of campaign contributions from the insurance industry and his approval of significant premium increases, stating Lara "should go" if he refuses to confront those companies. Despite Lara's promises to be cautious about rate hikes, his actions have contradicted that stance, including failing to intervene when insurance rates were raised by 50% for a property adjacent to a fire station.
Garamendi stated that Lara "should go" if he's unwilling to battle insurance companies, indicating dissatisfaction with Lara's performance as insurance commissioner.
Garamendi expressed frustration over Lara's acceptance of political contributions from regulated insurance companies and his approval of high premium increases, which contradicts his promises.
Lara's inaction during substantial insurance rate hikes, such as a 50% increase for a building near a fire station, has drawn sharp criticism from Garamendi.
In 2018, Lara claimed to be "leery" of insurance rate hikes unless consumers receive more coverage, yet his recent actions show otherwise.
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