Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, May 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

State Farm Faces Federal Class-Action

SAN FRANCISCO (CN) - State Farm cheats policyholders by refusing to base payments for lost or damaged vehicles on the "market value, age and condition at the time the loss occurred," but using a "projected sales price" and an "age of ad adjustment," both of which it refuses to explain, a class-action complaint claims in Federal Court.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.