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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. [70] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
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 ...
State Farm provided a breakdown of the top 10 states leading the nation in catalytic converter claims: California, with over 2,000 claims compared to 5,400 claims in 2023 Illinois, with 540 claims ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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 award is "close to the line of constitutional impropriety".
Restrictions on the number of times that you can appeal a car insurance claim denial will vary by carrier and state. Most states have a statute of limitations for appealing a decision rather than ...
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In addition to writing checks for evacuation costs, damage claims, lodging and meals, the company ran commercials urging their customers to take advantage of these facilities. [16] The company now also has 2 buses serving as Mobile Command Centers. [15] [17] This mobile claim center arrived at Qualcomm Stadium only two days after the fires ...