Insurers in crosshairs of two lawsuits over collusion in fire coverage
Two lawsuits filed in Los Angeles allege home insurers colluded to limit coverage in risky fire zones, forcing homeowners to use the more expensive state-sponsored insurance plan. The complaints name State Farm and 24 other insurance carriers that together control 75 percent of California’s market of illegally working together in 2023 to abruptly drop or […]This article originally appeared on The Real Deal. Click here to read the full story.
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