Jury's Verdict - State Farm Acted in Bad Faith

James Sabatini

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An Oklahoma jury awarded 13 million dollars in damages to the lead plaintiffs in a lawsuit against State Farm Insurance Company after finding that the company engaged in bad faith when it denied plaintiffs' property damage claim caused by a wave of destructive tornadoes.

According to CNN:

The jury found that State Farm acted recklessly and with malice in handling insurance claims from dozen of families whose homes were damaged when a wave of tornadoes swept the state in 1999.

State Farm hired a company which intentionally undervalued damage to homes or claimed that damage was caused by other factors such as faulty construction instead of tornadoes.

Learn more about the State Farm bad faith verdict.