"This company overcharges homeowners, tries to force its agents to sell life insurance whether clients need it or not, and then turns around and blames its agents when they get caught," said former California State Farm agent Verne Walton.
State Farm has more than 66 million policyholders nationwide. The company has lost more than $1.5 billion in legal cases in 1999. The lawsuits accuse the company of doctoring claims, using fraudulent medical consulting firms, fraudulently using after-market replacement parts and misrepresenting life insurance policies as savings accounts to its customers.
"This company has not learned its lessons and has not changed its ways," said Rich Pyorre, a former State Farm agent. "These problems go all the way to State Farm's CEO Ed Rust Jr. and we believe he should resign from this company."
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