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This is a clip of Senator Hawley holding a hearing on insurance company fraud. It includes All-State and State Farm. At 36 minutes he is questioning the State Farm executive.

(The Center Square) - State Farm, California’s largest property insurer, is seeking the remainder of its originally requested 30% rate hike after getting emergency, temporary approval for a 17% rate hike earlier this month due to cost pressures from the state's wildfires. “While we are pleased that Commissioner Lara approved the interim rate of 17 percent for State Farm General Insurance Company, this change only addressed part of the original request of 30 percent filed in June 2024,” State Farm told Newsweek. “The overall request of 30 percent would not be on top of the 17-percent interim rate change. State...

Elon Musk joined Lara Trump on her show “My View” Saturday night on FOX News. During their conversation, Elon revealed that the DOGE Team found 100,000 federal employees collected uninsurance benefits while they were still at work. Collecting insurance benefits while still working is considered unemployment insurance fraud. Many states classify unemployment fraud as a misdemeanor or felony. Jail time is a significant risk and can range from several months to several years. Elon Musk says 100,000 government employees have committed this dishonest act. Elon Musk: We’ve actually found there’s a lot of people who are federal government employees. They’re...

Gov. Kathy Hochul is delivering a big win to businesses that have been pressuring her to pay off their billions of dollars in unemployment-insurance debt — but she’s stealing the cash from state reserves to do it. Hochul said Monday that the state will cover the roughly $7 billion debt still lingering for employers from the pandemic. The businesses had hoped federal money that the state received during COVID-19 would at least partly be used to help cover the deluge of unemployment claims spurred by the pandemic, as most other states did.+ But the state used the money for other...

The U.S. Justice Department Thursday said it had filed a complaint against three of the country's biggest health insurance companies, Aetna Inc. and affiliates, Elevance Health and Humana, under the False Claims Act.The action also affects three large insurance broker organizations: eHealth, GoHealth and SelectQuote, it said."The United States alleges that from 2016 through at least 2021, the defendant insurers paid hundreds of millions of dollars in illegal kickbacks to the defendant brokers in exchange for enrollments into the insurers’ Medicare Advantage plans," the Justice Department said in its release.The DOJ also said that Aetna and Humana conspired with the...

A recent survey reveals that over 40 percent of Tesla owners say they have experienced vandalism targeting their vehicles, but less than 20 percent regret buying a car from Elon Musk. Kelley Blue Book reports that a new study conducted by Guardian Service, a company specializing in helping consumers find insurance plans, has found that a significant portion of Tesla owners are facing vandalism and targeted hostility. The survey, which polled 508 Tesla owners, aimed to shed light on how these incidents, coupled with rising insurance costs, are reshaping the EV ownership experience in America. According to the findings, 40...

Let’s face it—insurance is already one of those necessary evils, like flossing or assembling IKEA furniture. You pay for it, you hope you never have to use it, and when you do, you cross your fingers and hope the process isn’t as painful as stepping on a LEGO. But just when you think you’ve got it all figured out, scammers show up with their trickery, ready to part you from your hard-earned cash faster than you can say “deductible.”Hang up when anything seems fishy. BestForBest/ShutterstockHere’s the good news: Knowing what to watch for can help you avoid falling victim to...

ABC’S Aaron Katersky on Business owners who say some construction workers are faking work site injuries in hopes of getting big insurance payouts.

Tesla owners across America are living in fear of having their EVs trashed by activists lashing out at CEO Elon Musk’s controversial DOGE efficiency drive that has cost thousands of federal jobs. But even drivers whose Teslas aren’t targeted by vandals could find themselves with a nasty shock further down the line. Insurers are warning that the attacks could raise premiums for all Tesla drivers and potentially even lead to cars like the Model 3, Model Y and Cybertruck being blacklisted by insurance companies

California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate hike, citing a need to stabilize the insurance market. Lara said State Farm must justify its provisionally approved rates with data it provides in a public hearing. He also called upon the company to both halt non-renewables and secure a $500 million cash infusion from its parent company. “To ensure long-term choices for Californians, I had to make an unprecedented decision in the short term,” said Lara in a statement. “It is evident that other California insurers are unable to absorb State Farm’s existing...

Detransitioners’ lawsuits against the medical systems that hurt them could finally undo the industry’s embrace of transgenderism.Gender ideology is unraveling. It’s fraud all the way down. There is no good evidence that “transitioning” helps anyone, especially children. And people are realizing that the entire premise — that a boy can somehow be born into a female body, or vice versa — is superstitious nonsense. Indeed, transgender ideology is so insane that the coalition against it ranges from conservative Christians to lesbian feminists. Transgender ideology has many enemies, but the most effective are those who have been victimized by wrongly named...

Rest easy, everyone — Obamacare has completely taken care of the American health care system. It's done. It's completely fixed. In fact, it's so fixed that Americans had to borrow $74 billion last year to get the medical care they needed. From CBS News: Health care is so expensive that 31 million U.S. adults, or 12%, had to borrow a total of $74 billion last year to obtain medical care, new data shows. That includes people with health insurance, making such numbers even more troubling. Yes, even health insurance isn't enough to keep people from going into debt.

“Where generic drugs are manufactured can make a significant difference.” “The FDA assures the public that all generics patterned after the same original drug should be equivalently safe and effective, however, this is not necessarily the case when it comes to generic drugs made in India,” added another co-author, George Ball, associate professor of operations and decision technologies at Indiana University’s Kelley School of Business. Generic drugs manufactured in India are linked to significantly more “severe adverse events” for patients who use them than equivalent drugs produced in the United States, a new study finds. These adverse events included hospitalization,...

Supporters of Luigi Mangione are expressing strong criticism regarding the portrayal of suspected CEO assassins in a narrative they believe is influenced by corporate interests. They argue that this narrative is not only unfair but also biased against Mangione. According to these supporters, the narrative presents a one-sided view of the events surrounding an incident in which Mangione was allegedly involved in the assassination of a CEO. They contend that it overlooks essential context and facts that are crucial to understanding the situation.

Allstate Insurance and its subsidiary Arity are being sued for col­lect­ing, using, and sell­ing over 45 mil­lion Amer­i­cans' dri­ving data to insur­ance companies without consent, according to Malwarebytes. This case comes amid a tumultuous year for insurance companies, mainly on the home insurance front, as many have recently come under fire for dropping coverage ahead of major weather disasters.

State Farm, California’s largest property insurer, is demanding a 22% emergency rate hike after the Southern California fires, saying that over the last years it has paid out $1.26 in claims for every dollar in premiums it has collected. Since the passage of Prop. 103 in 1988, state regulators have had to approve any rate hikes, which has led to rates not keeping up with rising claims and risks. State Farm says that as a result, it has lost $5 billion over the last nine years in California, and that it had no option but to stop underwriting new policies...

State Farm General, the largest home insurer in California, sent a desperate letter to the state government requesting it immediately approve emergency price hikes to its insurance policies in the wake of the destructive Los Angeles fires. On Monday, the company sent a four-page letter to the California Department of Insurance pleading with regulators to allow an average rate increase of 22 percent for homeowners. State Farm, a California-based subsidiary of the much larger State Farm Mutual Automobile Insurance Company, also wants to be able to slap condo owners and renters with a 15 percent increase. Those who rent out...

Former ‘Million Dollar Listing’ star and Los Angeles real estate agent Josh Altman said Friday on Fox Business Network’s “Varney Co.” a lack of adequate home insurance was the main reason 70% of Pacific Palisades residents won’t return. Guest host David Asman said, “I heard a figure 70% of Palisades residents would not return after the fires there. What does that mean for the county?” Altman said, Yeah, David, thanks for having me again. I want to preface that statement and explain it a little bit. They’re not gonna not return because they don’t want to return. Of course, they...

Here’s the California home insurance debacle made simple: No more bargains. Property owners are keenly aware of the state’s numerous risks to their property, most notably wildfires. But they might be surprised to learn that California home insurance policies are among the nation’s cheapest. How often do we say “low” regarding any Golden State housing cost? Such thriftiness translated to California essentially asking insurers to take a high-risk gamble with low rewards. Would you make this bet? Insurers knew it was a losing gamble, so they increased their odds of success by removing the highest-risk customers. That’s why so many...

In our modern age of camera-equipped cellphones and laptops, ubiquitous social media websites, and constant GPS tracking that everyone seems to use to go anywhere, you are not paranoid if you worry that Big Brother—the government—along with companies like Google and Facebook, are recording your every move. If the allegations made by Texas Attorney General Ken Paxton are true, you can add automobile insurance companies and a host of third-party app developers to that list. That is according to a lawsuit filed by Paxton that brings up shades of George Orwell’s book “1984” and the constant surveillance of citizens he...