Study Finds Institutional Bad Faith at Allstate, State Farm and Other Major Insurers

Study Finds Institutional Bad Faith at Allstate, State Farm and Other Major Insurers: "Study Finds Institutional Bad Faith at Allstate, State Farm and Other Major Insurers
Source: Alaska Injury Blog
Date: February 12, 2008
By: W. Michael Moody

An 18-month study by CNN has confirmed that most of the major insurers, lead by Allstate and State Farm, are engaging in institutional bad faith claim practices. The study found that insurers, including Allstate and State Farm, have not been treating their insureds fairly. Instead of fair treatment for insureds, they follow a strategy of 'deny, delay, defend.' Deny the claim, do whatever they can to delay the claim, and defend the resulting lawsuit to the hilt."