State Farm under investigation for handling of California wildfire claims
Briefly

California's Department of Insurance is investigating State Farm's claims handling related to the Eaton and Palisades fires. The examination, initiated by Commissioner Ricardo Lara, follows numerous consumer complaints about State Farm's alleged deficiencies in managing claims. The investigation will evaluate compliance with consumer protection laws, aiming to ensure timely and fair claims processes for wildfire survivors. Lara emphasized the importance of consumer feedback and encouraged affected individuals to report their experiences. The department has successfully recovered over $40 million for wildfire survivors from insurers through formal interventions.
The strongest evidence we can present is the voice of consumers themselves, Lara said. I urge any wildfire survivor facing delayed payments… to file a formal complaint.
This examination will assess whether State Farm has complied with California's consumer protection and claims handling laws and will help determine if further reforms are needed.
According to the department, it has recovered more than $40 million for wildfire survivors through intervention on formal consumer complaints.
A market conduct examination will provide the clarity we urgently need regarding the claims process after the devastating fires.
Read at www.pasadenastarnews.com
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