President Trump bashed State Farm on social media: Why it didn't come out of the blue

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Victims of the January 2025 wildfires unhappy with how insurers have handled their claims have filed lawsuits, protested and complained to local and state officials.This week, they got support from an unexpected ally: President Trump.“It was brought to my attention that the Insurance Companies, in particular, State Farm, have been absolutely horrible to people that have been paying them large Premiums for years, only to find that when tragedy struck, these horrendous Companies were not there to help!” Trump posted on Truth Social.He also asked U.S.

Environmental Protection Agency Administrator Lee Zeldin to give him a list of insurers that “acted swiftly, courageously, and bravely” to fulfill their legal obligation and another list of those that were “particularly bad.”State Farm, California’s largest home insurer, is under investigation for how it has handled January 2025 wildfire claims.In a statement responding to the president’s post, it said it has received 13,700 claims, paid out $5.7 billion and expects total payments could reach $7 billion.“Our leadership position in the California homeowners insurance marketplace means State Farm General Insurance Company — the State Farm company that provides homeowners insurance in California — insured more people impacted by this disaster than anyone else,” its statement read.

Business The county will investigate the insurer following complaints from January wildfire victims that their requests for compensation have been delayed, denied and underpaid.Tuesday’s post had its origins in a Feb.

4 visit that Zeldin and Small Business Administrator Kelly Loeffler made to the Los Angeles area, where they met with L.A.Mayor Karen Bass, Los Angeles County Supervisor Kathryn Barger and Pacific Palisades fire victims, among others.The visit was prompted by Trump’s criticism of the slow rebuilding process and by a ...