June 02, 2020
An Arkansas federal judge on Tuesday gave final approval to a $10 million settlement to end homeowners' claims that State Farm Fire and Casualty Co. shorted them on repair payments by depreciating material and labor costs.
December 03, 2015
A group suing State Farm Fire and Casualty Co. for allegedly shorting policyholders by depreciating labor costs in property loss compensation asked an Arkansas federal judge to certify their proposed class, saying the insurer's alleged practice lasted years and affected many, and that the damage is easily determinable.
January 06, 2014
State Farm Fire & Casualty Co., Foremost Insurance Company and Farmers Insurance Exchange have been hit with nearly identical class actions in Arkansas federal court accusing the insurers of shorting policyholders by depreciating labor costs in property loss compensation.