California said an internal probe found "significant mishandling" of claims, including underpaying policy holders, responding inadequately, and unfairly denying smoke damage claims.
The insurance giant at the center of California’s already fragile homeowners market is now facing one of the most aggressive regulatory threats in recent state history, as the California Department of ...
State Farm may temporarily lose its California license after an investigation found it violated the law in its handling of claims from the Palisades and Eaton fires.
The state is seeking millions of dollars in penalties from State Farm, which California says underpaid claims.
California regulators are seeking to suspend State Farm's license for up to a year and levy millions in penalties against the insurer, alleging it mishandled January 2025 wildfire claims in Los ...