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State Farm Insurance: NOT like a good neighbor!

October 4, 2013 by Steven M. Gursten

Today we’re wrapping up State Farm week.

On Monday and Tuesday, I wrote about State Farm’s “mad dog” business practices and the enormous profits it has made by doing so.  Of course, doing business like that also has its consequences. So on Tuesday, I also wrote about how State Farm leads the state of Michigan in consumer complaints against the insurer.

Wednesday I wrote about  Campbell v. State Farm, the case that focused the national spotlight on State Farm — and the skewering that the insurer received when its business practices were exposed by, it should be pointed out, a very conservative, Republican Supreme Court in Utah.

And yesterday I got to predict the future for State Farm.  I discussed the PIP fraud crisis in Michigan, and how State Farm and other large insurers first helped to create, and then are feeding the problem.  I’ve wondered aloud about the mistakes State Farm is making.

As you can see, the attorneys who work here at Michigan Auto Law have had a rather low opinion of State Farm for quite some time now. Here’s a book our attorneys wrote, listing State Farm as one of the worst insurance companies in Michigan.

Here are some other State Farm pieces we’ve done in the past:

State Farm Insurance: Repeat Offender for Abusing Auto Accident Victims Award

Increasing profits at the expense of drivers: Allstate, State Farm and the McKinsey report

Did State Farm “bribe: a SC Justice who overturned a billion-dollar judgment

Not a good neighbor: State Farm loses case over “unclean hands”

Clearly, State Farm doesn’t have the best interest of its insured customers in mind and it’s not “like a good neighbor” as it touts in its misleading commercials.

But State Farm certainly seems to know how to make money, doesn’t it?

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