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:

    In criticism I will be bold, and as sternly, absolutely just with friend and foe. From this purpose nothing shall turn me.
    Edgar Allan Poe (1809–1845)

    Unless criticism refuses to take itself quite so seriously or at least to permit its readers not to, it will inevitably continue to reflect the finicky canons of the genteel tradition and the depressing pieties of the Culture Religion of Modernism.
    Leslie Fiedler (b. 1917)