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In Betty Jo Walker v. Farmers Insurance (2007), Farmers was fined $3 million for not defending a pair of limited-income homeowners from a negligence claim. [33] In Goddard v. Farmers Insurance (2008), Farmers was ordered to pay $2.5 million for handling a claim with bad faith and "stonewalling" during settlement negotiations.
Key takeaways. Life insurance benefits may go unclaimed if beneficiaries are unaware of the policy. It’s important for policyholders to inform their loved ones about existing policies.
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Under Bush, 69% of the 22,721 eligible claims were denied. Additionally, the 73,800 farmers who filed claims past the deadline were denied review. A contributing factor to the late claims was that were not enough attorneys ready to take the thousands of Track B claims, leading to errors, missed deadlines, incorrect filings, and other problems.
In January, he won the Farmers Insurance Open by four shots for his 75th PGA Tour win. It was the seventh time he won the event. [ 101 ] In March, he won the WGC-Cadillac Championship , also for the seventh time, giving him his 17th WGC title and first since 2009. [ 102 ]
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