State farm How much does that cost me each year?
TO THE UNTOUCHABLES. Edward B. Rust, Jr., will be happy to tell you that he is the Chief Executive Officer of State Farm Mutual Insurance Company. He has deep family ties to State Farm, as his father and grand father have both served in that capacity. He will also tell you that he is an educated man who has been to law school and is a past practicing attorney. In addition, he was the chairman of the Coalition for Excellence in Education and a member of George W. Bush’s transition advisory team on education. So with all of that education why will he not deal with his company’s inbred greed. Does he not know that we are in the 21st century where anyone can look on the internet and see the billions of dollars that are being spent to protect their empire from the consumer? In Utah, the company was fine $25 million in punitive damages, in part for the “systematic destruction of documents and systematic manipulation of individual claim files to conceal claim mishandling”. An Idaho appeals court fined the company $9.5 million in punitive damages for making use of “a completely bogus” outside bill review company that helped lower the cost of medical bills. In October of 1999, an Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts. Rust was adamant in his insistence that fraud had not been committed. A class action law suit in the name of State Farm policy holders was filed in 2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs. When a company is misleading the public, should that not be considered fraud? A consumer would go to prison for that type of behavior. State Farm will let you know that, in several states, fraud and abuse is pushing up the cost of auto insurance. A court in late 2001 reached an unfriendly consumer decision that could have the effect of reaching deep into the pockets of the consumer. Sharply higher jury awards in vehicular liability cases are putting additional upward pressure on auto insurance rates. The average jury award in auto liability cases rose from $187,000 to $269,000 in 2000, an increase of 44%. I question if any of the lawsuits would be necessary if the company would just fairly pay their claims
“We felt these allegations were completely unfounded from the outset, and we’re pleased the court today agreed with our position,” said State Farm spokesman Phil Supple.
$25 million in punitive damages “. An Idaho appeals court fined the company $9.5 million in punitive. Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts-2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs.
Subject: RE: RE: If anything happens.revolving around Hurricane Katri
Posted On: December 19, 2008, 9:52 am CST
Posted By: nobody important
Comment:
Don’t you love the wasted space from the professional paid posters? Does anyone actually read through these tedious cut and paste postings?TOUCHABLES
to throw out the case “‘ top management, the
Comment:
:
State Farm has history of not releasing records
By Anita Lee
McClatchy Newspapers
In some cases, State Farm’s top leadership prefers not to share or even keep records that offer insight into how policyholder claims are handled, according to court records.
Chairman and CEO Edward B. Rust Jr. said in sworn testimony earlier this month that no minutes are kept of quarterly meetings held by the company’s top management, the Chairman’s Council, and that policyholders have no right to information about an investigation State Farm Insurance Cos. has ordered of its relationship with Haag Engineering Co.
State Farm spokesman Phil Supple said the company doesn’t “intend to—;try this—;case in the media.”
WOW! IS THIS WHAT SCRUGGS WAS UP AGAINST? THANK YOU MR SCRUGGS FOR TRYING TO STOP THIS GIANT. THE SAD THING IS THAT YOU ARE BEHIND BARS AND THIS GIANT THINKS IT CAN DO ANY THING IT WANTS AND WE WILL ALL LOOK AWAY. I DID NOT PULL THIS STORY OUT OF THE AIR. ITS THERE FOR ALL OF US after hurricanes Katrina I READ ALL ABOUT THIS GREAT BIG GIANT’S HISTORY. PEOLPE LOST LOVED ONES AND THEIR HOMES AND THIS GIANT SAYS THAT WE DONT CARE! WE ARE BIGGER THAN THE WORLD. WE CAN MAKE LAWS WORK FOR US BECAUSE WE HAVE MORE ATTORNIES THAN ANYONE IN THE WORLD SO NO ONE CAN COME UP AGAINST THE BIGGEST MUTUAL INSURANCE COMPANY IN THE WORLD. WOW! THIS IS LIKE A DOCTOR EVIL MOVIE, OR IS IT JUST THE PLANET OF THE APES?
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attorneys driving up the cost of insurance and wasting taxpayer dollars.
How much does that cost me each year?
State farm How much does that cost me each year?
TO THE UNTOUCHABLES. Edward B. Rust, Jr., will be happy to tell you that he is the Chief Executive Officer of State Farm Mutual Insurance Company. He has deep family ties to State Farm, as his father and grand father have both served in that capacity. He will also tell you that he is an educated man who has been to law school and is a past practicing attorney. In addition, he was the chairman of the Coalition for Excellence in Education and a member of George W. Bush’s transition advisory team on education. So with all of that education why will he not deal with his company’s inbred greed. Does he not know that we are in the 21st century where anyone can look on the internet and see the billions of dollars that are being spent to protect their empire from the consumer? In Utah, the company was fine $25 million in punitive damages, in part for the “systematic destruction of documents and systematic manipulation of individual claim files to conceal claim mishandling”. An Idaho appeals court fined the company $9.5 million in punitive damages for making use of “a completely bogus” outside bill review company that helped lower the cost of medical bills. In October of 1999, an Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts. Rust was adamant in his insistence that fraud had not been committed. A class action law suit in the name of State Farm policy holders was filed in 2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs. When a company is misleading the public, should that not be considered fraud? A consumer would go to prison for that type of behavior. State Farm will let you know that, in several states, fraud and abuse is pushing up the cost of auto insurance. A court in late 2001 reached an unfriendly consumer decision that could have the effect of reaching deep into the pockets of the consumer. Sharply higher jury awards in vehicular liability cases are putting additional upward pressure on auto insurance rates. The average jury award in auto liability cases rose from $187,000 to $269,000 in 2000, an increase of 44%. I question if any of the lawsuits would be necessary if the company would just fairly pay their claims
“We felt these allegations were completely unfounded from the outset, and we’re pleased the court today agreed with our position,” said State Farm spokesman Phil Supple.
$25 million in punitive damages “. An Idaho appeals court fined the company $9.5 million in punitive. Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts-2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs.
Subject: RE: RE: If anything happens.revolving around Hurricane Katri
Posted On: December 19, 2008, 9:52 am CST
Posted By: nobody important
Comment:
Don’t you love the wasted space from the professional paid posters? Does anyone actually read through these tedious cut and paste postings?TOUCHABLES
conspiring to shortchange policyholders . HISTORY MY FRIEND HISTORY
to throw out the case “‘ top management, the
Comment:
:
State Farm has history of not releasing records
By Anita Lee
McClatchy Newspapers
In some cases, State Farm’s top leadership prefers not to share or even keep records that offer insight into how policyholder claims are handled, according to court records.
Chairman and CEO Edward B. Rust Jr. said in sworn testimony earlier this month that no minutes are kept of quarterly meetings held by the company’s top management, the Chairman’s Council, and that policyholders have no right to information about an investigation State Farm Insurance Cos. has ordered of its relationship with Haag Engineering Co.
State Farm spokesman Phil Supple said the company doesn’t “intend to—;try this—;case in the media.”
WOW! IS THIS WHAT SCRUGGS WAS UP AGAINST? THANK YOU MR SCRUGGS FOR TRYING TO STOP THIS GIANT. THE SAD THING IS THAT YOU ARE BEHIND BARS AND THIS GIANT THINKS IT CAN DO ANY THING IT WANTS AND WE WILL ALL LOOK AWAY. I DID NOT PULL THIS STORY OUT OF THE AIR. ITS THERE FOR ALL OF US after hurricanes Katrina I READ ALL ABOUT THIS GREAT BIG GIANT’S HISTORY. PEOLPE LOST LOVED ONES AND THEIR HOMES AND THIS GIANT SAYS THAT WE DONT CARE! WE ARE BIGGER THAN THE WORLD. WE CAN MAKE LAWS WORK FOR US BECAUSE WE HAVE MORE ATTORNIES THAN ANYONE IN THE WORLD SO NO ONE CAN COME UP AGAINST THE BIGGEST MUTUAL INSURANCE COMPANY IN THE WORLD. WOW! THIS IS LIKE A DOCTOR EVIL MOVIE, OR IS IT JUST THE PLANET OF THE APES?
someone actually has to be grounded in the real world.