Farmers Insurance Group Fined $1 Million in Settlement

January 24, 2006

  • January 30, 2006 at 5:47 am
    Former FIG lugnut says:
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    File a complaint with your state\’s insurance bureau. — this always makes claims managers grit their teeth!

    Settling a large homeowners claim in a fair manner is a complicated matter for any company or adjustor – but they shouldn\’t be treating you miserably during the process if you are practicing what I believe they call \”due diligence\”

  • January 31, 2006 at 9:02 am
    Chris Russell says:
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    The number of claims is the tip of the iceberg. The Dept. has a policy of not accepting complaints from individuals who have counsel. Its a horrible company. I deal with it daily. Read my prior posts on what it has done to long time adjusters and house counsel here in California.

  • January 31, 2006 at 10:59 am
    Dave says:
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    Whats the book about? \”How to screw policy holders and get away with it\”?

  • January 31, 2006 at 2:42 am
    Chris Russell says:
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    And that is why they were just fined 1 million dollars because they give such fine service. Calfarm, you are in denial. Farmers continues to be one of the worst 3 carriers here in California. Maybe one day when they fire you for no good reason as they have a bunch of good folks out here, you will see the light. You can take a snipe at attorneys all you want, it still does take away from the fact you work for a horrible company. Your rationalization as to why you work for such a bad company is something you\’ll have to figure out.

  • January 31, 2006 at 3:07 am
    JOHN M says:
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    I miss those days of competitive priced products, great claims service & decent agents. That\’s why after 14yrs I left and only wish them the best. I liken them now to the big oil companies posting huge profits & alienating the customer base.

  • January 31, 2006 at 4:18 am
    Ex Farmers Agent says:
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    \”Good timing,\” is what the old Farmers agents tell me now. Been independent for three years and made sure I left with about one-third of MY customers. No more DM hollering about lackluster sales (he still wonders why no new agents apply to Farmers) and no more weekly meetings where the topic is ALWAYS life insurance. The company has rotted from the top down. Just ask the drones in the service centers. They can smell it. My new hot carrier? Drive by Progressive. That company loves it\’s agents. Farmers could learn a lot from Progressive. What are they, up another 23% this year?

  • January 31, 2006 at 5:39 am
    Current Farmers Agt says:
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    Come on people…..350 claims over a 3 year period & the complants were regarding delays is meaningless. Farmers gets that more than that many claims a day. Any companies name could have been pulled from the hat & their record would be pretty bad also.

  • January 31, 2006 at 5:48 am
    Drunk Russian DM says:
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    \”The action covered approximately 1,000 violations of the California Insurance Code and Fair Claims Regulations covering the period from Jan. 2, 2002, through Aug. 8, 2004.\”

    Let\’s not gloss it over folks. That\’s one verified consumer complaint per day. Garamendi said it best, \”Farmers sucks.\”

  • January 31, 2006 at 5:50 am
    Former FIG Lugnut says:
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    Here in MI a new FIG agent in a large outstate town was told, by a body shop owner, about 10 years ago \”Bar none, FIG is the best insurance company there is to deal with\” 8 years later he was told by the same owner that they were the absolute worst

    If they didn\’t have a problem with claims why did they take all the adjustors to LA and tell them \”we do not want to pay a penny more or a penny less than we have to\”
    this was back around 2000-2001. They went from overpaying on claims to not paying fairly or at a minimum making it such a hassle the customer would be upset. I hope they stay in business cus I still have a life policy with them!

  • February 1, 2006 at 5:43 am
    Farmers Agent says:
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    I am down in Rita territory, and writing new homeowners with Farmers everyday. I don\’t know what all the fuss is about in California, but Farmers reputation from the claims handling here is excellent above any other company. I am writing policies from allstate, statefarm, ect.. Peaple here now know what an excellent company Farmers is, and you get what you pay for. Many people with other companies are still waiting on their first adjuster. Allstate is runing comercials stating they will get to everyone as soon as they can. So all you Farmers wana be\’s and former Farmers agent regreters keep your false statements to yourselves. Ask anyone in Southeast Texas which company is the best and your going to hear FARMERS!!!



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