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And so they’ve launched two class-action suits, one in Florida and the other in Georgia, claiming State Farm uniformly rejects repair estimates that exceed $4,700 per claim — when the market ...
In the federal court a jury found that State Farm had defrauded the government in a policyholder claim. State Farm was ordered to pay the Rigsbys attorneys $2.6 million plus expenses of just over $300,000. The Rigsby sisters were to each receive 15 percent of the $750,000 awarded to the government.
State Farm's refusal to pay led to a lawsuit filed by the Cooks against the company, alleging negligence in various aspects of the claims process. [66] Additionally, it was claimed that during arbitration, State Farm's lawyer introduced personal information that had been excluded as evidence, which was considered "willful and wanton conduct."
XIV. State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage ...
So far, over 160 insurance companies have paid out $2.3 billion in claims to Maui victims, with expectations of another $1 billion in payments. State Farm has been involved in each step of ...
Every state has its own insurance regulations, including how claims are paid out. Some states, like Massachusetts , allow for direct claim payments to be made to the insured in the form of a check.
Insurance bad faith is a tort [1] unique to the law of the United States (but with parallels elsewhere, particularly Canada) that an insurance company commits by violating the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract. [2]
Theft claims for catalytic converters are down this year at State Farm, as the company reported data from the first half of 2024 showing a 74% decrease nationwide. Ohio still ranks in the top 10 ...
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