💨 Abstract

California's insurance regulator has opened an investigation into State Farm for allegedly delaying and mishandling claims from the January Los Angeles-area wildfires. Over 16,000 buildings were destroyed, and 30 people died. The investigation aims to ensure State Farm complied with state laws, as survivors face financial and emotional hardships. State Farm has been struggling in California due to wildfire risks and has sought rate increases.

Courtesy: WTOP Staff