UPDATED AUGUST 12 - 2002
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Marty Feinstein, CEO Farmers Insurance
"The definition of insanity is doing the same thing over and over again expecting different results."
|Farmers Hit With $90 Million Judgment in
A California jury slapped Farmers Insurance Exchange with a $90 million judgment in a class-action lawsuit that alleges the insurer for years cheated its claims adjusters out of overtime pay.
The judgment, by an Alameda County Superior Court jury, could reach as much as $130 million after lawyers' fees and interest are added, the Los Angeles Times reported.
|Current News Headlines:
Insurer Hit With $20 Million Punitive Verdict In Auto Case
Setting The Record Straight - Bell Update
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