State Farm "s financial solvency has grown so precarious following the Los Angeles fires that insurance regulators in California and Illinois have held" multiple conversations "about how the property insurer can avoid collapsing. "State Farm General, the legal entity, has the ability to pay its claims and move forward with the fires," Schwamberger said.
The city of Davis will pay more than $24 million in damages to the family of a woman who died when a tree fell on her at a city park. A civil trial in Yolo Superior Court concluded Friday with a jury awarding $24.2 million to Comey’ s survivors, according to the city news release. Davis is a member of the Yolo County Public Agency Risk Management Insurance Authority.
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