(Breitbart)—Sen. Josh Hawley (R-MO) ripped into insurance companies, notably Allstate and State Farm, on Tuesday for lowballing disaster victims who had paid premiums but received paltry compensation offers from insurers.
As Breitbart News has noted, many victims of the Eaton Fire and Palisades Fire report that State Farm, in particular, has established a pattern of behavior in which adjusters’ estimates of damage costs are revised downwards dramatically by corporate headquarters. The result is major financial stress for policyholders.
Hawley chaired a hearing of the Subcommittee on Disaster Recovery and Intergovernmental Affairs, part of the U.S. Senate Committee on Homeland Security and Governmental Affairs. Executives from Allstate and State Farm were present — as were policyholders hit by recent hurricanes in North Carolina and Florida.
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