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The "Farmers Insurance Newsalert" website is dedicated to providing the consumer and general public with detailed information concerning the Farmers Insurance Group, including fraud reports, consumer complaints, lawsuit's and other legal actions taken against this company. All information contained herein is for educational purposes only. Original sources are sited.

 

Tuesday, November 2, 1993

Orange County Edition

Section: Business

Page: D-9

ORANGE COUNTY BRIEFLY



Firm Sues Insurer Again: A surgical instruments maker that has
already won $58 million by suing a unit of its insurance company, Farmers
Group Inc., this week sued the parent company too.

Earlier this month, Placentia's Surgin Surgical Instrumentation Inc.
won what its lawyer said was one of the largest punitive damage awards
ever granted against an insurance company in Orange County.

Surgin alleged that the subsidiary--Truck Insurance Exchange--should
have paid Surgin's lawyers and costs when Surgin was sued for infringing
on the patents of Alarcon Surgical Instruments Inc. in Irvine.

Surgin said it was forced to settle those lawsuits and lost millions
of dollars in profits when it had to stop making a device used in
cataract surgery.
In the second lawsuit, Surgin is asking for $260 million in damages.




Type of Material: News Brief

Descriptors: SURGIN SURGICAL INSTRUMENTATION INC; FARMERS INSURANCE GROUP; SUITS; SETTLEMENTS; INSURANCE CLAIMS

Copyright (c) 1993 Times Mirror Company

 

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