California investigates State Farm's wildfire insurance handling
Insurance Commissioner Ricardo Lara said the Market Conduct Examination will determine if State Farm complied with California's consumer protection and claims handling laws
by Richelle Hammiel Jun 13
State Farm seeks double-digit rate hike in California in wake of LA fires
The insurer asked the California Department of Insurance to raise rates by an average of 22% 'to help avert a dire situation' as the company pays thousands of claims related to the fires