January 11, 2005
State Farm Mutual to pay $40 million in multistate settlement
of automobile owners nationwide will share in a $40 million settlement
with State Farm Mutual Insurance Co. over the company's handling of
titles to vehicles totaled in accidents.
About 30,000 consumers nationwide may be eligible for payments ranging from $400 to $10,000, depending on the value of their vehicle. Most payments will be between $800 and $1,850, officials said.
Read the full story
Posted by Tom Troceen