The final paragraph of the article “State Farm Loses Supreme Court Appeal Over Lawsuit” contains information that is incomplete and therefore inaccurate. The paragraph reads:
The company says its practices have changed since the Campbell trial, and it now reassures customers that excess verdicts over their policy limits will be covered.
The correct information is:
“The company says its practices have changed since the Campbell trial, and it now reassures customers that if the company chooses to take a case to trial after it has had an opportunity to settle within policy limits, and there are no coverage questions, State Farm will pay any judgment in excess of their policy limits, if the case goes against the policyholder.”
Was this article valuable?
Here are more articles you may enjoy.
Storm Austen Knocks Out Power to Nearly 300,000 French Homes
Chiquita Sees Cheap Bananas at Risk on El Niño Supply Threat
French Riots Seen as Insurance Test Before New Regime Kicks In
India Braces for Cyclone as El Niño Upends Global Storm Seasons