California said an internal probe found "significant mishandling" of claims, including underpaying policy holders, responding inadequately, and unfairly denying smoke damage claims.
The Insurance Department found hundreds of violations by State Farm and calls for millions of dollars in penalties and a possible suspension.
This is read by an automated voice. Please report any issues or inconsistencies here. California regulators may seek to suspend State Farm’s license for up to a year and impose record penalties for ...
The state is seeking millions of dollars in penalties from State Farm, which California says underpaid claims.