California, State Farm and Los Angeles wildfires
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California’s largest home insurance company tore into state regulators Monday as it faces potential multi-million dollar fines and a suspension of its license. “Wildfire survivors deserve real solutions — not a distorted picture of State Farm’s response.
Eaton and Palisades Fire survivors have demanded action for 16 months. And the California Department of Insurance has finally released its market conduct exam of State Farm.
The state is now seeking millions of dollars in penalties — potentially the largest ever pursued after a wildfire disaster this century.