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Article: State Farm Agents Revolt Against Insurance Giant
- Article from:
- U.S. Newswire
- Article date:
- October 29, 1999
CopyrightCopyright 1999 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Oct. 29 /U.S. Newswire/ -- A group of current and
former State Farm agents from across the country today called upon
the House and Senate Commerce Committees and state insurance
commissioners to investigate consumer abuses by America's largest
insurance company, State Farm Mutual Insurance Co.
"This company has lost its core philosophy and abandoned its
policyholders in the process," said State Farm agent Mike Morgan of
Dayton, Ohio. "People need to know what's really going on at this
company."
State Farm has more than 66 million policyholders nationwide. The
company has lost more than $1.4 billion in legal cases in 1999
accusing the company of doctoring claims, using ...