LA Fires,
Insurance
Mar. 10, 2025
Insurers sue Edison over Eaton Fire as State Farm rate hike faces pushback
Over 100 insurers sue Southern California Edison for $10B in wildfire damages, while Consumer Watchdog urges rejection of State Farm's 22% rate hike request.
More than 100 insurance companies have sued Southern California Edison in Los Angeles County Superior Court seeking compensation for insurance claims that they paid and expect to pay in the aftermath of the Eaton Canyon wildfire.
At the same time, a consumer advocacy group is urging the California insurance commissioner to reject State Farm's request to hike its homeowner's insurance rate by 22%, saying State Farm's request stems from "its own mismanagement and p...
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