A group of property owners affected by the January wildfires is suing major California insurer carriers, including the state’s largest, State Farm, for allegedly violating California’s antitrust and unfair competition laws. The lawsuits follow others regarding insurers’ handling of the aftermath of the Eaton and Palisades fires, including against Insurance Commissioner Ricardo Lara and the California FAIR Plan (specifically about smoke damage), the state’s beleaguered insurance plan of last resort. Read the article…………………………….
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