Toms v. State Farm Life Insurance Company
Case Number:
8:21-cv-00736
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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May 30, 2023
State Farm, Class Settle Life Insurance Overcharging Suit
State Farm and a class of nearly 53,000 life insurance policyholders settled a lawsuit Tuesday alleging that the insurer calculated their cost-of-insurance rates using unauthorized factors like profits and expenses that inflated the charges.
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September 27, 2022
State Farm Policyholders Get Class Cert. In Overcharging Suit
A Florida federal judge granted class certification Monday to a group of nearly 53,000 State Farm life insurance policyholders who claim the insurer has calculated their cost of insurance rates using unauthorized factors like profits and expenses that inflate the charges.