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TALLAHASSEE — Florida CFO Jimmy Patronis vowed to investigate Farmers Insurance for dropping about 100,000 policies, suggesting that corporate leaders would be dragged before the Legislature ...
Farmers Insurance Group (informally Farmers) is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees.
From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases.
The quote says "Insurance companies, most especially Farmers Insurance..." - insurance companies. Yes, it specifically points out Farmers, but other groups were there too. Take a look at this article - it mentions State Farm, Farmers Insurance, and American International Group Inc. It's not like Farmers Insurance was the only company there.
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.
Farmers Insurance is laying off 11% of its workforce — or about 2,400 workers — across all lines of its business. The California-based company said it is restructuring to be better positioned ...
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Later, Rosenfield and Nader campaigned against California Proposition 51 (1986), an insurance-industry-backed initiative on the California ballot in 1986 that limited damage claims on lawsuits. Though Proposition 51 passed, Rosenfield continued to work for insurance rate reductions at his newly formed public interest group.