Policyholders file RICO suit against State Farm in handling of Katrina claims

21 policyholders filed a lawsuit yesterday alleging that State Farm Mutual Automobile Insurance Co. violated the federal Racketeer Influenced Corrupt Organizations Act (RICO) by defrauding them of approximately $4 million in insurance benefits related to Hurricane Katrina claims  by producing false inspection reports.   The 101-page complaint, filed in the U.S. District Court for the Southern District of Mississippi, alleges that State Farm conspired with adjusting and engineering firms to deny Hurricane Katrina claims that should have been paid by the insurer. Read more...
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Property Insurance Coverage Law Blog - February 24, 2009 6:07 AM
Our firm has friends in the insurance industry and other sources of information who have privately provided evidence of wrongdoing by insurance companies. On more than one occasion, documents evidencing wrongful insurance claims conduct have appeared o...
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