State Farm Insurance - Criticism

Criticism

A 2007 investigation by CNN reported that major car insurance companies, including State Farm and Allstate Insurance, are increasingly fighting claims from those injured by their insured members. In some cases, the settlement proposed amounts to just $50 or the threat that any lawsuit would be made so expensive and time-consuming that it would not be worth the victim's time. State Farm and Allstate have denied these allegations. This followed on the heels of criminal investigations by the states of Louisiana and Mississippi, which found that State Farm had wrongly denied claims stemming from Hurricane Katrina. Richard F "Dickie" Scruggs pleaded guilty in March for his role in trying to pay Judge Henry Lackey of Mississippi a $50,000 bribe for a favorable ruling in a dispute involving a $26.5 million settlement after Hurricane Katrina.

Read more about this topic:  State Farm Insurance

Famous quotes containing the word criticism:

    It is the will of God that we must have critics, and missionaries, and Congressmen, and humorists, and we must bear the burden. Meantime, I seem to have been drifting into criticism myself. But that is nothing. At the worst, criticism is nothing more than a crime, and I am not unused to that.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    As far as criticism is concerned, we don’t resent that unless it is absolutely biased, as it is in most cases.
    John Vorster (1915–1983)

    ... criticism ... makes very little dent upon me, unless I think there is some real justification and something should be done.
    Eleanor Roosevelt (1884–1962)