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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. [73] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
The origins of clearing houses date back to bank cheque clearing in the 18th century. The London Clearing-House was established between 1750 and 1770 as a place where the clerks of the bankers of the city of London could assemble daily to exchange with one another the cheques drawn upon and bills payable at their respective houses.
This term is also now commonly used in commercial general liability (CGL) policies or so called "casualty" business. In these instances, the liability policies are written with a large (in excess of $50,000) self-insured retention (SIR) that operates somewhat like a deductible, but rather than being paid at the end of a claim (when a loss payment is made to a claimant), the money is paid up ...
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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 ...
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Transactional Records Access Clearinghouse (TRAC) is a nonprofit and nonpartisan data gathering, data research, and data distribution organization in the S. I. Newhouse School of Public Communications at Syracuse University.
Sep. 4—The New Mexico State Fair begins Thursday and continues through Sept. 15 at Expo New Mexico in Albuquerque. Here are five things you should know before you visit. 1) On opening day ...