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News  |  Magnolia Tribune  • 
October 31, 2008

MS Insurance Commissioner Mike Chaney Completes State Farm Market Conduct Exam

MID Completes State Farm Market Conduct Exam FULL COPY OF REPORT HERE Following over 22 months of extensive review of hundreds of thousands of documents and hours of sworn testimony, the Mississippi Insurance Department (MID) has completed its Special Target Examination of State Farm Fire and Casualty Insurance Company’s claims handling practices in the aftermath…
News  |  Magnolia Tribune  • 
October 31, 2008

SH – No fraud found in examination of State Farm

No fraud found in examination of State Farm “We couldn’t find any intent to delay somebody’s claim or underpay claims,” said Lee Harrell of the Mississippi Insurance Department, which ordered the independent exam. “We couldn’t substantiate those allegations.” Policyholders, their attorneys and two former adjusters for State Farm had contended the company intentionally minimized wind…