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State Farm Insurance Co

NEWS
June 27, 2000 | JENIFER WARREN, TIMES STAFF WRITER
When the phone call finally came, Cindy Ossias was ready. Her mounting frustration over insurance company settlements had reached critical mass. It was time to talk. So it was that Ossias, a seasoned lawyer with the state Department of Insurance, became a whistle-blower, launching investigations into California's biggest political corruption scandal in years. It is not a role she sought.
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NEWS
April 2, 2000 | VIRGINIA ELLIS, TIMES STAFF WRITER
Insurance Commissioner Chuck Quackenbush rejected recommendations from his own legal team that some of the biggest insurance companies in the state be fined hundreds of millions of dollars for mishandling claims in the aftermath of the devastating Northridge earthquake.
BUSINESS
March 25, 2000 |
State Farm's policy-holders will not get state-proposed refunds of about 3.9% on their 1989 premiums for auto, homeowners and other property and casualty insurance. The California Supreme Court denied review Wednesday of lower-court rulings overturning the refunds, which had been ordered by state Insurance Commissioner Chuck Quackenbush. A lawyer for Quackenbush said the case sets a precedent that could endanger other refunds.
CALIFORNIA | LOCAL
December 5, 1999 | JOHN M. GLIONNA, TIMES STAFF WRITER
State Farm Insurance is suing the state and a former Texas insurance commissioner for the return of information it claims is proprietary but which critics say confirms a long-standing contention that the company underserves poor communities across Los Angeles County.
CALIFORNIA | LOCAL
June 15, 1998 | KEN REICH
Lawyers will talk, so perhaps the only real surprise is that it's taken so long for word to leak out of the $100 million State Farm Insurance secretly paid last September to settle the so-called Allegro suit, which was filed by 117 victims of the Northridge earthquake. The settlement of the case, which was named after the first plaintiff listed, Irene Allegro of Northridge, was reached under a seal of "deepest confidentiality."
CALIFORNIA | LOCAL
June 12, 1998 | SOLOMON MOORE, TIMES STAFF WRITER
Thousands of State Farm Insurance Co. policyholders allegedly misled by the insurance giant would have a difficult time successfully suing despite a $100-million secret settlement involving 117 families whose earthquake coverage was unfairly reduced before the 1994 Northridge earthquake, plaintiffs' lawyers said Thursday. There may be 25,000 other policyholders whose insurance coverage was similarly reduced, lawyers said.
CALIFORNIA | LOCAL
June 12, 1998 | SOLOMON MOORE, TIMES STAFF WRITER
Thousands of State Farm Insurance Co. policyholders allegedly misled by the insurance giant would have a difficult time successfully suing despite a $100-million secret settlement involving 117 families whose earthquake coverage was unfairly reduced before the 1994 Northridge temblor, plaintiffs' lawyers said Thursday. There may be 25,000 other policyholders whose insurance coverage was similarly reduced, lawyers said.
NEWS
June 11, 1998 | KENNETH REICH and SOLOMON MOORE and JEFF LEEDS, TIMES STAFF WRITERS
State Farm Insurance Co. secretly has paid $100 million to 117 policyholders to settle a lawsuit alleging that the company unfairly cut their earthquake coverage before the devastating 1994 Northridge temblor. The settlement, hammered out before a retired state Supreme Court justice working as a private mediator and filed under a seal of "deepest confidentiality," marks the largest known single payout by an insurer involved in post-earthquake claims.
BUSINESS
January 21, 1998 | DONALD W. NAUSS, TIMES STAFF WRITER
State Farm Insurance Co., the nation's largest auto insurer, filed a lawsuit Tuesday against Ford Motor Co. seeking to recover potentially millions of dollars in claims for vehicle fires caused by defective ignition switches. The suit, filed in U.S. District Court in Los Angeles, said that Ford has "systematically" refused to pay the insurance company for fires caused by the switches.
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