State Farm is the Poster Child for What is Wrong with the System

State Farm is the Poster Child for What is Wrong with the System: "State Farm is the Poster Child for What is Wrong with the System
Source: Dallas Morning News (TX)
Apr. 14--AUSTIN -- To leading lawmakers and even some insurance industry experts, State Farm hasn't exactly been like a good neighbor in recent dealings with state regulators.

The state's largest property insurer shows no sign of compromising on its marathon legal battle over the state's ruling that it overcharged homeowners hundreds of millions of dollars.

The insurer -- which had an improved bottom line in 2009, according to figures released Monday by the state -- has yet to pay a penny to policyholders."