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Violation Tracker Individual Record

Company: State Farm Fire and Casualty Company
Current Parent CompanyState Farm Insurance
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $11,757,954
Year: 2020
Date: June 2, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Violation Description: State Farm agreed to pay an estimated $8.5 million to plaintiffs and over $3.5 million to their lawyers to settle litigation alleging it underpaid homeowner claims by depreciating material and labor costs.
Level of Government: federal
Action Type: private litigation
Court: Western District of Arkansas
Civil or Criminal Case: civil
Case ID: 4:14cv4001
Case Name: Dennington v. State Farm Fire and Casualty Company et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: mutual
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.