CA’s Investigation of State Farm over LA Wildfire Claims

CA to Investigate State Farm over LA Wildfire Claims

California Insurance Commissioner Ricardo Lara (D) announced a “market conduct examination” of State Farm over consumer complaints about the insurer’s handling of claims from the Los Angeles wildfires in January. One common complaint against the insurer is that it has been passing homeowners off from one adjuster to another, forcing the homeowners to repeatedly start from scratch. Another frequent complaint is that it has been giving homeowners loss estimates that are a fraction of the cost to repair or rebuild their damaged or destroyed homes. (INSURANCE JOURNAL, NEW YORK TIMES)

—Compiled by SNCJ Managing Editor KOREY CLARK

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