#wildfire-claims

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fromThe Mercury News
1 month ago

Judge rules California's FAIR Plan must pay smoke damage claims

Judge Stuart Rice remarked on the challenges faced by wildfire victims, stating that the 'unlawful language' of the FAIR Plan contributes to underpayments of smoke damage claims.
SF real estate
fromwww.dailynews.com
1 month ago

Judge rules California's FAIR Plan must pay smoke damage claims

California's FAIR Plan is required to pay for smoke damage claims after court ruling highlighting non-compliance with state law.
Fundraising
fromLos Angeles Times
1 month ago

How Wall Street hedge funds are gambling millions on Eaton fire insurance claims

Hedge funds are buying insurance claims linked to the Eaton fire, raising concerns among California officials about profit motives from disaster.
The practice of acquiring subrogation claims by hedge funds post-disaster alarms state officials.
California
fromThe Mercury News
1 month ago

State Farm under investigation for handling of California wildfire claims

California investigates State Farm over claims handling related to wildfire survivors.
Investigation aims to ensure compliance with consumer protection laws and improve claims processing.
fromwww.pasadenastarnews.com
1 month ago

State Farm under investigation for handling of California wildfire claims

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.
California
fromwww.mercurynews.com
2 months ago

State Farm wins first-ever emergency rate hike in California

State Farm can increase homeowner and renter insurance rates due to necessary fund stabilization as it faces over $7 billion in claims from fires.
SF parents
fromLos Angeles Times
2 months ago

Insurance commissioner signals possible probe into State Farm's handling of L.A. wildfire claims

State Farm has the largest claims force and is focused on helping customers recover from California's largest fire event, with over 12,600 claims processed.
SF parents
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