Tag: Oklahoma insurance market

State Farm Faces Multibillion-Dollar Lawsuit Over Hail Damage Claim Denials

State Farm is embroiled in lawsuits alleging a multibillion-dollar scheme to deny hail damage claims and underpay homeowners, raising issues on claims handling and industry transparency in Oklahoma and beyond.

Oklahoma Attorney General Takes Legal Action Against State Farm Over Homeowners Insurance Claims

Oklahoma Attorney General initiates legal action against State Farm for alleged fraudulent homeowners insurance claim practices, challenging insurer market conduct and compliance.

Oklahoma Faces Rising Homeowners Insurance Rates and Calls for Regulatory Reform

Oklahoma homeowners face rising insurance premiums amid extreme weather and a use-and-file system, prompting calls for enhanced regulatory oversight and new legislative measures to protect consumers.