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In 2014, Desjardins Group acquired the Canadian operations of State Farm to become the second-largest property and casualty insurer in Canada. [8] Until 2018, all 1.2 million customers in Ontario, Alberta and New Brunswick [ 9 ] were still served under the name of State Farm, but on May 1, 2018, Desjardins officially started a campaign to ...
In 2015, Desjardins Insurance acquired the Canadian operations of U.S. based insurer State Farm, [1] which made Desjardins the second largest property and casualty insurer in Canada and the largest in Ontario. [2] This acquisition almost doubled the company's premiums, increasing from 2 billion to 4 billion. [3]
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. [70] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
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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 accused of funneling excess ...
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 ...
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