California
fromwww.npr.org
5 days agoLawsuits accuse State Farm of secretly working to cut insurance payouts
State Farm denied a claim for hail damage, leading to lawsuits from homeowners across the country.
State Farm's nationwide scheme made simple: State Farm does not define what is and isn't considered damage in its policies, raises premiums as much as possible, and if a state's insurance commissioner objects, threatens to leave the state, said lead attorney Jeff Marr. It then manipulates its internal and secret definition of damage a higher threshold means fewer indemnity payments to policyholders