Tesla's insurance arm accused of ‘egregious delays' and ‘systemic failures' by CA regulator
1. CDI accuses Tesla of unfair claims practices after multiple warnings. 2. Tesla faces up to $5,000 penalties for each unfair act. 3. Consumer complaints against Tesla's insurance have surged significantly. 4. Tesla's claims handling improvements have been insufficient since 2022. 5. Potential third-party liability exposure could arise from ongoing lawsuits.