Farmers Insurance Loses Class Action: Ordered to Pay Millions
Lawton Jury Returns With Farmers Insurance Verdict
Thursday, September 18, 2008
It could turn out to the one of the biggest judgements in state history. A Commanche County jury Wednesday ruled against Farmers Insurance Company in a class-action lawsuit alleging the company failed to pay millions of dollars in homeowners' claims. Attorney Michael Burrage in Oklahoma City says the jury ordered Farmers to pay 50 million dollars for contractual benefits, 50 million dollars for bad faith and fraud and 30 million dollars in punitive damages. Burrage says he is pleased with the verdict. He says the jury did the right thing. The verdict affects 76-thousand policyholders in Oklahoma.
Source: ktok.com
Multi-million dollar judgement
Thursday, September 18, 2008
Lawton_A Comanche County jury handed down a multi-million dollar judgement against Farmers Insurance company Wednesday as part of a class-action lawsuit. They ordered $50 million in actual damages, and $30 million in punitive damages, plus interest, which could push the total judgement to $200 million.
The suit was originally filed in 2001 on behalf of 76,000 policyholders in Oklahoma by Bill Burgess, Senior. His sons, Bill and Brad, both attorneys, have been on the case from the start. Their contention was that Farmers had wrongfully withheld millions of dollars in claims that should have been paid to policyholders.
The case finally reached the jury this month, and after two weeks of testimony and five hours of deliberation Wednesday, they returned the judgement. It's the largest ever in Comanche County, and may turn out to be the biggest judgement in Oklahoma history.
Source: kswo.com
Farmers Insurance Class Action Web Site:
Burgess v. Farmers Insurance Company
A class action lawsuit involving homeowner’s insurance issued by Farmers in Oklahoma may affect your rights.
Labels: bad faith, class action, deny claim, farmers insurance
posted by FarmersInsuranceGroupSucks at 12:03 PM
2 Comments:
It is unfortunate that Farmers likes the Allstate business model of Delay, Deny and Defend.
After a huge ice storm in Oklahoma City in Dec, 2007, our roof began leaking and despite 3 professional roofers who stated we had serious damage, Farmer's denied our claim. Then the ice melted...we had a big rain and awoke with rain pouring into our bedroom, soaking us and the bed, carpet, etc. This time, Farmer's told us the problem was "our failure to maintain our roof properly". hhhmmmm...never knew you had to do that. Finally, a year later, several hail storms later, a roofer who wouldn't take their "stuff" met with an adjuster who said "OMG, you need a new roof!". They deserve this class action lawsuit and hopefully, they will learn something from it. One of the best things to come out of Comanche County in A LONG TIME!
Tawanda!!!!
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