Business2 sources

California orders lenders to report on LA fire survivors' insurance payouts

  • California has ordered lenders to report on their handling of insurance payouts for LA fire survivors.
  • The directive aims to ensure transparency and accountability in the payout process.
  • This action follows reports of issues in the handling of insurance claims by some lenders.
  • The order is part of an effort to support LA fire survivors effectively.
  • Further details on the implementation and monitoring of this order are expected.
California orders lenders to report on LA fire survivors' insurance payouts | Split Angle