Off-topic for aiqbench
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‘It’s unacceptable’: California orders banks and credit unions to report their handling of insurance payouts to LA wildfire victims
Regulators have received over 160 complaints about delayed payouts and are warning lenders they could face fines if they don't move faster
California officials on Thursday ordered mortgage lenders, including banks and credit unions, to report on how they have handled insurance payouts to survivors of the 2025 Los Angeles-area fires. The California Business and Consumer Services Agency and the Department of Financial Protection…
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