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BUSINESS
October 8, 1993 | From Times Staff and Wire Reports
Surgin Surgical Wins $58 Million: An Orange County Superior Court judge awarded Surgin Surgical Instrumentation Inc., a Placentia surgical equipment maker, more than $58 million in a lawsuit against an affiliate of Farmers Insurance Group. The judge found that Truck Insurance Exchange of Los Angeles acted in bad faith by not representing Surgin properly when it was hit with two patent infringement lawsuits.
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BUSINESS
November 16, 1993 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Citing a legal case that resulted in a $58-million bad-faith judgment against a Farmers Insurance Group unit, state Insurance Commissioner John Garamendi on Monday announced a special regulatory examination of Farmers. In the "market-conduct examination," insurance examiners will visit Farmers offices and look through files to determine how certain types of claims are handled.
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BUSINESS
November 16, 1993 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Citing a legal case that resulted in a $58-million bad-faith judgment against a Farmers Insurance Group unit, state Insurance Commissioner John Garamendi on Monday announced a special regulatory examination of Farmers. In the "market-conduct examination," insurance examiners will visit Farmers offices and look through files to determine how certain types of claims are handled.
BUSINESS
February 10, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Placentia company that makes medical devices won a default judgment Tuesday in a bad-faith case against its insurance carrier, which had failed to defend the company in a patent lawsuit. Orange County Superior Court Judge C. Robert Jameson issued the default judgment in favor of Surgin Surgical Instrumentation Inc. after its carrier, Farmers Insurance Group, refused to comply with a court order.
BUSINESS
October 8, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
An Orange County Superior Court judge Thursday awarded a Placentia surgical equipment manufacturer more than $58 million in a lawsuit against Farmers Insurance Group, saying the insurer acted in bad faith. The award to Surgin Surgical Instrumentation Inc. is one of the largest punitive damage awards granted against an insurance company in Orange County Superior Court, said the company's attorney, Daniel J. Callahan. Judge C.
BUSINESS
June 24, 1998 | BARBARA MARSH, TIMES STAFF WRITER
A state appeals court Tuesday reversed a $58-million judgment against Los Angeles-based Farmers Insurance Group in a bad-faith lawsuit brought by Surgin Surgical Instrumentation Inc., a small Tustin company. A three-judge panel for the 4th District Court of Appeal in Santa Ana ruled that the big insurance company wasn't properly notified of its potential liability in the lawsuit.
BUSINESS
November 16, 1993 | THOMAS S. MULLIGAN and DEBORA VRANA, TIMES STAFF WRITERS
Citing an Orange County case that resulted in a $58-million bad-faith judgment against a Farmers Insurance Group unit, Insurance Commissioner John Garamendi on Monday announced a special regulatory examination of Farmers. In the "market-conduct examination," insurance examiners will visit Farmers offices and look through files to determine how certain types of claims are handled.
NEWS
December 27, 1993 | DAN MORAIN, TIMES STAFF WRITER
No one at Farmers Insurance Group saw the commercial, and no television station aired it. But the impact jolted executives at the Los Angeles offices of the huge company. The 30-second commercial prepared by the California Trial Lawyers Assn., the insurance industry's bitter adversary, detailed how a judge had ordered Farmers to pay $57 million and said the company had "lied, cheated, stonewalled and tromped on the rights of the insured to escape its own responsibilities."
BUSINESS
October 8, 1993 | From Times Staff and Wire Reports
Surgin Surgical Wins $58 Million: An Orange County Superior Court judge awarded Surgin Surgical Instrumentation Inc., a Placentia surgical equipment maker, more than $58 million in a lawsuit against an affiliate of Farmers Insurance Group. The judge found that Truck Insurance Exchange of Los Angeles acted in bad faith by not representing Surgin properly when it was hit with two patent infringement lawsuits.
BUSINESS
October 8, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
An Orange County Superior Court judge Thursday awarded a Placentia surgical equipment manufacturer more than $58 million in a lawsuit against Farmers Insurance Group, saying the insurer acted in bad faith. The award to Surgin Surgical Instrumentation Inc. is one of the largest punitive damage awards granted against an insurance company in Orange County Superior Court, said the company's attorney, Daniel J. Callahan. Judge C.
BUSINESS
February 10, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Placentia company that makes medical devices won a default judgment Tuesday in a bad-faith case against its insurance carrier, which had failed to defend the company in a patent lawsuit. Orange County Superior Court Judge C. Robert Jameson issued the default judgment in favor of Surgin Surgical Instrumentation Inc. after its carrier, Farmers Insurance Group, refused to comply with a court order.
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