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In 2006, two former State Farm claims adjusters, sisters Cori and Kerri Rigsby, acted as whistleblowers and filed a qui tam suit against State Farm under the False Claims Act. [ citation needed ] The Rigsby sisters claimed that State Farm shifted state claims to federal flood insurance that should have been covered by private wind insurance ...
The Southern Farm Bureau Annuity Insurance Co. [co-owned by 10 state Farm Bureaus [21] [22]] once owned more than 18,000 shares of Premium Standard stock," The Nation wrote in 2012. [8] Bob Stallman, a Texan, served as AFBF president from 2001 to 2016, [23] earning a salary of $832,216 in his final year. [24]
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 ...
In addition, Allstate is highly-rated by customers who responded in J.D. Power's annual surveys, ranking #15 in the Auto Claims Satisfaction Study with a score of 870/1,000, sixth for renters ...
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 ...
Credit repair is a $6.5 billion industry that's rife with fraud and scams. While credit repair companies often claim they can "erase" bad credit or boost your scores, claims like these are usually ...
Credit bureaus, a type of consumer reporting agency, hold a consumer's credit report in their databases. CRAs have a number of responsibilities under FCRA, including the following: CRAs must maintain reasonable procedures to ensure the maximum possible accuracy of the information contained within a consumer's report; [9]
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 ...