California's insurance regulator is proposing a record $2 million fine against State Farm for systematically mishandling claims related to the Los Angeles wildfires, following an investigation that uncovered 398 violations of state law in a sample of 220 claims, while survivors and advocates argue that the penalty is insufficient given the scale of the insurer's alleged misconduct. #WildfireInsurance #CaliforniaFires #ConsumerProtection #US #CA
California's insurance regulator is proposing a record $2 million fine against State Farm for systematically mishandling wildfire claims, with an investigation revealing numerous violations of state law that left policyholders struggling to rebuild after last year's devastating fires in Los Angeles. #InsuranceClaims #WildfireRecovery #CaliforniaFires #US #CA