A $250 million settlement has been reached in the previously certified class action lawsuit, Hale v. State Farm Mutual Automobile Insurance Company, filed in 2012.
With small claims cases in Florida spiraling out of control, a group of insurers is looking to confront the law firms that are thought to be contributing to the rise of insurance costs in the state.
State Farm on Tuesday agreed to pay $250 million to settle a suit alleging it secretly worked to help elect an Illinois high court justice in order to overturn a billion-dollar judgment against it.
The State Farm Operations center in Southside is shutting down after more than 40 years in operation. Around 600 employees work at the facility, which is located in Jacksonville, Fla.
Classic Auto Body Inc. filed a class-action lawsuit against State Farm for allegedly telling its customers that the plaintiff's work is substandard and steering them towards shops that provide discounts.
Severe storms and large hail have severely impacted vehicles in several regions throughout the South and Midwest, resulting in millions of dollars of insurance and reinsurance losses rises to the tens of thousands.
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