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In an exclusive interview with CBS News California Investigates, the California Insurance Commissioner announced a formal Market Conduct Examination of State Farm.
State Farm, the largest home insurer in the country, said it had received a total of 12,855 claims related to the fires as of June 10 and had already paid more than $3.96 billion in claims.
State Farm has already paid nearly $4 billion to its customers in California following the recent wildfires, he said. This is the fourth time State Farm will be the subject of a review in just ...
California officials launched a market conduct examination into State Farm’s wildfire claim handling, citing delays, inconsistencies, and policyholder complaints.
After California's own insurer of last resort was held liable for smoke claims, and a probe of State Farm was launched, a new ...
About 101,500 new housing units were permitted statewide last year, a 9% drop from the previous year and the state’s lowest ...
State Farm is one of the insurers under pressure for backing out of the California home insurance market. Even though the ...
A wildfire in a wilderness area of central California exploded in size as dry, hot weather raised the fire risk for large portions of the state ahead of the July Fourth holiday. The Madre Fire ...
State Farm is one of the insurers under pressure for backing out of the California home insurance market. Even though the ...