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The lead plaintiff, Joan St. Julian, claims that State Farm violated the law by failing to pay sales tax to drivers when reimbursing them for the "actual cash value" of their cars that were deemed total losses. [69] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
Since 1951, the office has been left intact by the company. State Farm's historian claims that "90% of Mecherle's original material is still in the office." [7] Inside the office are sales receipts dating to 1936 and guest book entries from 1945. Though the office is not open to the public, the company uses it to impart knowledge of the company ...
In an interview on Tuesday, Farney said the company has received 6,300 residential and auto claims, making it the largest wildfire disaster State Farm has ever experienced.
Dig deeper: 7 surprising situations your standard car insurance won't cover (and how to stay protected) 3.Shop around for new policy rates. While staying with your current provider might sound ...
State Farm is seeking a 30% rate hike, claiming its California unit is in financial trouble. Consumer Watchdog alleges the home insurer is hiding earnings.
State Farm has lodged a case in the U.S. Supreme Court, 'State Farm Fire & Casualty Co. v. United States ex rel. Rigsby, to be heard in the term which commences in October 2016. State Farm is arguing that the attorneys for the Rigsbys violated a part of the False Claims Act, that is they released documents which were under the 60 day seal rule.
In 2024, State Farm cut policies in the Santa Monica Mountains, resulting in 70% of customers in Pacific Palisades – about 1,600 homeowners – losing coverage, according to the New York Times.
State Farm Fire and Casualty Company is an insurance company. [3] Prior to 2005, State Farm offered two types [fn 1] of insurance policies to homeowners: flood insurance, which would be reimbursed by the federal government's National Flood Insurance Program, and general homeowner insurance, which would be paid directly by State Farm. [3]