[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

State Farm to pay GA motorists $250 Million



A number of listers have mentioned running into this kind of flack.

Has your insurance company refused to reimburse you for the
diminution in value of your car 
due to accident damage?  Mention this story to them.

                 ATLANTA, Georgia (AP) -- State Farm Mutual
Automobile Insurance Co.
                 has agreed to a $250 million settlement that
involves paying as many as
                 700,000 Georgia motorists for the lost value of
damaged cars. 

                 The settlement ends a class-action lawsuit filed
two years ago in which Georgia
                 policyholders contended their vehicles were worth
less after a wreck no matter
                 how well they were repaired. 

Full story at: 

http://www.cnn.com/2002/LAW/01/05/state.farm.settle.ap/