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Insurers say California’s inaction threatens auto policies

FILE--Traffic moves on Interstate-880 in Oakland, Calif., Tuesday, Aug. 16, 2022. Top U.S. Insurance companies and associations say California is risking a crisis in the nation's largest automobile insurance market by Insurance Commissioner Ricardo Lara's refusal to approve rate increases since the coronavirus pandemic. This is the latest battle in Lara's efforts to compensate consumers that he says were overcharged by insurers during the pandemics early months, when traffic all but disappeared after California imposed the nation's first stay-home order. (AP Photo/Jeff Chiu, File) California Insurance Commissioner Ricardo Lara speaks at a state Capitol news conference in Sacramento, Calif., Wednesday, Aug. 3, 2022. Top U.S. Insurance companies and associations say California is risking a crisis in the nation's largest automobile insurance market by Lara's refusal to approve rate increases since the coronavirus pandemic. This is the latest battle in Lara's efforts to compensate consumers that he says were overcharged by insurers during the pandemics early months, when traffic all but disappeared ofter California imposed the nation's first stray-home order. (AP Photo/Rich Pedroncelli, File)