Goddard v. Farmers Insurance: Farmers Insurance to Pay $2.5 Million in Punative Damages

This case has been going on for about 20 years!! Farmers Insurance lowballs and fights tooth and nail to deny you what you are owed. In this case, Goddard v. Farmers Insurance, Farmers Insurance denied the $200,000 and now has to pay $2.5 million! They did get the punative damages reduced from $20 million.

"In Goddard, the court found that the insurer intentionally, deceitfully, and maliciously:
stonewalled the claimant and lowballed settlement offers;
fraudulently manipulated the claims process;
unreasonably refused to settle;
sacrificed the insured’s interest in security to the insurer’s interest in maintaining its reputation for toughness on claims;
all of which the court found to be typical of the insurer's business practices."

For Details of this case see:
* Goddard v. Farmers Insurance

* The Oregon Supreme Court's Recent Decision on Punitive Damages: Why It Took the Wrong Approach

* Oregon Supreme Court rules punitive damages excessive