Laurence Darmiento covers finance, insurance, aerospace and dealmakers in Southern California for the Los Angeles Times. He joined the paper in 2015 as an assistant Business editor and has overseen finance, real estate and Washington business coverage. Previously he had been the managing editor of the Los Angeles Business Journal and was a reporter for the Los Angeles Daily News and other outlets. A New York native, he is an alumnus of Cornell University.
Latest From This Author
Mahender Makhijani, an Orange County real estate investor accused of criminal bank fraud, will remain in jail pending trial after a judge found he made death threats against a witness.
Dodgers’ owner Mark Walter plans to buy $6.5 billion in assets from a troubled insurer he controls that is under federal investigation
With the Department of Justice, the SEC and state insurance regulators probing Mark Walter’s businesses, the Dodgers owner has a lot on the line.
Palisades Village shopping center reopens 19 months after the devastating 2025 Pacific Palisades wildfires, marking a major milestone in local recovery.
Venture capitalist Joshua Kushner, brother of President Trump’s son-in-law Jared Kushner, has tried to forge his own legacy that includes sports investments.
State Sen. Ben Allen, who represents the Pacific Palisades fire zone, won the Democratic Party’s endorsement for insurance commissioner over former San Francisco Supervisor Jane Kim, who won the backing of the California Federation of Labor Unions.
Federal authorities are investigating billions in related-party loans made by two insurers owned by Mark Walter reportedly to entities associated with him or his holding company.
SpaceX announced its first earnings since its June IPO, cutting its losses and growing its revenue more than expected.
An appeals court has upheld a California regulation allowing insurers to charge unmarried drivers more for auto insurance.
The companies backed by the owner of the Dodgers may have failed to disclose loans properly.