California Considers Suspending State Farm's License Over Fire Claims
California officials are considering suspending State Farm's license due to alleged mishandling of fire claims following the 2025 Los Angeles wildfires. The state is seeking over $2 million in damages, citing significant underpayment and delays in processing claims. The California Department of Insurance has filed a major enforcement action against State Farm, accusing the insurer of violating state laws in handling claims. State Farm, the largest insurer in California, has denied the allegations, arguing that the state's actions are politically motivated and could destabilize the insurance market. 
