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State Farm Sued by LA County for Delays, Denials to Fire Victims

Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Monday’s lawsuit, following a county investigation, alleges State Farm withheld money … Source: Claims Journal

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State Farm Sued by LA County for Delays, Denials to Fire Victims

Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Monday’s lawsuit, following a county investigation, alleges State Farm withheld money … Source: Claims Journal

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Aon Acquires USI Insurance From KKR for $17 Billion

KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity … Source: Claims Journal

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We Should Be Paying More Attention to The New Wave of SMB Cyber Claims

For years, cyber insurance was treated as a niche product reserved for technology firms, financial institutions and e-commerce giants. When underwriters and claims teams assessed cyber exposure, the conversation centered on massive data breaches and enterprise-grade network overhauls. That framework … Source: Claims Journal

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