Less than 1: AM Edition, July 27

This morning on Less than 1: California Insurance Commissioner Ricardo Lara gives final approval to a settlement resolving State Farm's disputed homeowner insurance rate requests following the Los Angeles wildfires, and U.S. District Judge Edward M. Chen receives an update on Quinn Emanuel's court-ordered ethics training program. Also: federal prosecutors move to dismiss the criminal case against California labor leader David Huerta, and former Kirkland & Ellis dealmaker David Fox launches an AI-powered law firm aimed at transforming Big Law. Stories mentioned in this episode: State Farm settlement receives final approval Quinn Emanuel to report on court-ordered ethics training (Los Angeles Times) Feds move to dismiss case against California labor leader https://www.latimes.com/california/story/2026-07-27/government-moves-to-drop-case-against-california-labor-leader (The Wall Street Journal) Former Kirkland leader launches AI-powered law firm https://www.wsj.com/business/david-fox-lawyer-big-law-ai-304ec652?mod=hp_lista_pos1