Warren, Hawley Press Insurers over Closed, Unpaid Claims

Warren, Hawley press insurers over closed, unpaid claims

U.S. Sens. Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders.

Warren and Hawley launch inquiry into insurance companies’ zero-payout tactics, WSJ reports (ALL:NYSE)

Bipartisan senators probe State Farm, Allstate and others over rising insurance claim denials and delays.

Warren and Hawley to Probe Insurers Over Zero-Payout Claims

The senators, one a Republican and the other a Democrat, question whether companies are driving profits with ‘tactics to delay payments.’