Former State Farm Agents Win $12M Settlement

Former State Farm Agents Win $12M Settlement: "Former State Farm Agents Win $12M Settlement

September 2, 2002

A three-and-a-half year lawsuit pitting two former State Farm agents against State Farm Automobile Insurance Company has come to an end, with the jury's verdict ruling for the agents.

Richard Pyorre of Fort Bragg, Calif. and John Wier of Crescent City, Calif., were awarded $6.35 million and $6.25 million, respectively for emotional distress damages, loss of commissions and punitive damages as the result of a seven- week trial in which State Farm sued the two agents for alleged disclosure of trade secrets and breach of contract.

Pyorre and Weir counter-sued; claiming State Farm wrongfully terminated them and further interfered with their ability to provide insurance to their clients under different carriers."