Bad Faith
State Farm Settles Conspiracy Class Action for $250 Million
State Farm has agreed to settle a federal class action lawsuit in which it faced allegations of illegally financing Illinois elections. Plaintiffs in the suit claimed that the insurance behemoth funneled money into the coffers of an Illinois Supreme Court justice who then overturned a $1 billion verdict against the company. The National Trial Lawyers…
Read MoreJury Awards Injured Cyclist Almost $3 Million for Geico’s Bad Faith
When you sign a contract with your insurance company, you do so in good faith. Basically, that means when something goes wrong, you’ll tell the truth; in return, the insurance company will be honest and fair in its assessment – or, so the theory goes. When your insurance company doesn’t treat you fairly within the…
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