News

Insurers in crosshairs of two lawsuits over collusion in fire coverage
Two lawsuits in Los Angeles allege home insurers, including State Farm, colluded to limit coverage in high-risk fire zones, ...
Insurer of last resort kept growing. Then L.A. fire victims paid the price
As insurers withdrew from the L.A. market, more homeowners joined the FAIR Plan. Now Jan. 7 fire victims are battling with ...
Property owners sue California insurance companies over alleged ‘collusion’ following wildfires
A new lawsuit alleges that California's major insurers worked together to push higher premiums and lower coverage caps onto ...
Axios on MSN10d
State Farm's "Titanic"-like financial crisis, explained
State Farm, California's largest home insurer, is facing an unprecedented financial crisis following the destructive blazes ...
CBS News on MSN17d
State Farm looks to raise property insurance rates in wake of deadly Los Angeles wildfires
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
Eaton Fire survivors blast State Farm over insurance payment delays
Eaton Fire survivors blasted State Farm for insurance payment delays during a press conference on Thursday. "Our pleas, ...
California lawsuit accuses insurance companies of ‘illegal scheme’ to drop homeowners
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
Consumer group sues California insurance commission to stop $500M overcharge
The suit wants to stop a plan that passes millions of dollars to homeowners as part of the FAIR Plan, an insurer of last ...
California Insurers Hit by FAIR Plan Antitrust Suit After Fires
Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
Did Lakers’ JJ Redick go mad scientist after Game 1 loss to Timberwolves?
The first-year coach was asked, in jest, if his 2022 State Farm commercial cameo was a depiction of what he has been like in ...
State Farm, Farmers and Other Top Insurance Companies Sued for Violating California Antitrust Laws: Shernoff Bidart Echeverria LLP
Alleged conspiracy to force homeowners onto CA FAIR Plan led to significant underinsurance after devastating January wildfires LOS ANGELES, April 22, 2025 /PRNewswire/ -- Shernoff Bidart Echeverria ...