More News on State Farm Insurance
State Farm refused to pay out $98.7 million in Katrina wind claims. The
lawsuit alleges that State Farm deferred payments to policyholders so
that grants would cover the expenses. Mississippi attorney general: State
Farm is the nation's largest property insurance firm. State Farm spokesman
explains that they are currently evaluating the case. A jury trial was
demanded; damages sought include reimbursement for home loss and damage.
The complaint charges include fraud, neglect, contravention, and fraud
and neglect charges, among other things.
Keywords: state farm auto quote, state farm alexandria va, state farm auto
loan, state farm arlington va, state farm actor, state farm bank
State Farm Continues to Scam Its Customers
Superstorm Sandy litigation exposed altered engineering reports of storm-ravaged
home destruction, and now allegations of altered engineering reports are
On behalf of the Mississippi, a lawsuit was filed to keep State Farm's
feet to the fire for its role in maliciously refusing Hurricane Katrina
To grasp the claims' details, the Mississippi State had a Homeowners
Assistance Program (HAP) in effect. HAP paid eligible homeowners for damages
they did not cover. However, the lawsuit alleges that State Farm deferred
payments to policyholders so that HAP grants can cover the expenses, and
State Farm could keep as income the homeowner policy funds.
After Katrina, HAP and Mississippi State charged $522 million to customers
of State Farm. That's $76,673.59 per State Farm policyholder. But
State Farm paid just $98.7 million — or $14,494.62 per policyholder.
A law firm posted this scam in Superstorm Sandy. Learn about altered engineering
records. Rob Trautmann published examples of discrepancies in one of his
homeowners' cases, including a "final altered report" and
an "original report." His article, Anatomy of an Altered Engineering
Report, is a must-read.
Mississippi's Attorney General argued that similar alterations occurred
with Katrina when engineers determined what caused home loss and damage.
In the Mississippi lawsuit, the argument is made that State Farm made attempts
to downplay wind damage, wrongly identify Katrina damage like a water
occurrence, and refuse to compensate for damage citing the absence of
Keywords: state farm to give refunds, state farm to buy gainsco, state
farm to report an accident, state farm with patrick mahomes, state farm
with covid 19, state farm with claim
The Chicago Tribune reported State Farm's response.
State Farm spokesman Phil Supple explained that they are currently evaluating
the case, which wasn't supposed to accept what we've done due
to Hurricane Katrina.
It sounds like State Farm felt it was in the clear, and Katrina's arguments
were over. Did this organization think its customers were shortened? Maybe
State Farm didn't know Mississippi State's statute of limitations.
Jan Schaefer, attorney general's office, explains that they haven't
ruled a case against those other insurers. We file this complaint against
State Farm because we now have proven evidence of its fraud and because,
as the nation's largest property insurance firm, its practices have
affected Mississippi more than any insurer.
The complaint charges include fraud, neglect, and contravention. A jury
trial was demanded. The damages sought include reimbursement for the HAP
payments provided that should have been wind coverage payments from State
Farm, punitive damages, court expenses, interest, and attorney fees.
Keywords: will state farm replace my roof, will state farm insure a salvage
title, will state farm drop me for a dui, state farm can i get a hot tub,
state farm can't login, state farm can i print insurance card