Sunday, January 14, 2007

Class Action Lawsuit Settlement: Pak v Farmers Insurance

Man Pak and Nancy Pak (Plaintiffs) alleged that Farmers Insurance Exchange and Farmers Insurance Affiliates failed to pay to their insureds the amounts required under their respective policies of automobile insurance for total loss claims. According to the Plaintiffs, the Farmers Insurance based their total loss valuations of their insureds' vehicles, in whole or in part, on valuation reports prepared by CCC, which the Lawsuit alleges were "lower than the actual retail fair market value." For details about this lawsuit visit FarmersInsuranceExchangeSettlement.com

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