economy
Lawsuits accuse State Farm of secretly working to cut insurance payouts
Lawsuits Allege State Farm Systematically Underpaid Claims. Insurance Companies Have Incentives to Pay Less. This Is Not a Surprise.
What Happened
Multiple lawsuits have been filed accusing State Farm, the largest U.S. home and auto insurer, of covertly using third-party software and internal practices to systematically reduce insurance claim payouts to policyholders. The suits allege this was a deliberate, coordinated strategy rather than ...
What's In Your Control
Review your own insurance policies and understand what you're covered for before you need to file a claim — not after. If you have an open or recently settled claim with State Farm, consult a publi...
