US EditionLawyers: CA ruling impacts homeowners’ fire-related insurance claims
- A California court ruling makes it harder for homeowners to claim insurance for smoke and soot damage unless physical damage is proven, according to Marissa Sinha, a policyholder attorney.
- State Farm has filed for a 22% emergency rate hike for homeowners' policies in California due to wildfires, as reported by the Los Angeles Times.
- Haden Kirkpatrick, a State Farm executive, was fired after being recorded discussing the rate hike and a $5 billion surplus decline.
- Insurance Commissioner Ricardo Lara is seeking answers from State Farm regarding Kirkpatrick's comments and the rate hike proposal.
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Lawyers: CA ruling impacts homeowners’ fire-related insurance claims
(The Center Square) - Lawyers say a new California court ruling could make it more difficult for property owners to get paid for fire-related insurance claims for smoke and soot damage outside of the burn zone.
State Farm exec fired over jaw-dropping comments about LA wildfire victims in secret recording
A State Farm executive has been fired after he was secretly recorded admitting the insurance company hiked rates for California homeowners reeling from the devastating Los Angeles wildfires.
·New York, United States
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Total News Sources13
Leaning Left3Leaning Right3Center1Last UpdatedBias Distribution43% Left, 43% Right
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
43% Right
L 43%
14%
R 43%
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