News About Insurance Litigation

Girardi | Keese attorneys Tom Girardi and Graham LippSmith won the settlement of the year with their $549 million award against Farmers Insurance Group (a subsidiary of Zurich Insurance) for insurance fraud against 12.5 million policyholders.

The claim arose when Farmers Group Inc. charged excessive management fees to subsidiary Farmers Insurance exchanges (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange). The exchanges paid these management fees to Farmers from the premiums paid by policyholders, who were overcharged for the fees. The management fees were excessive and violated California law.

While each of these policyholders may only have been charged small amounts, when put together you can see that Farmers took millions from its customers unfairly." Graham LippSmith."

California Law Firm Fighting Insurance Companies Through Bad Faith Litigation

The attorneys of Girardi | Keese are experts in insurance bad faith. They realize that insurers do not always follow through on their pledge to cover damage or harm - the very reason policyholders buy insurance in the first place. When insurers fail to deliver promised benefits, that is called bad faith, and creates a claim for the policyholder.

In addition to the landmark $549 million Farmers Insurance case, the attorneys of Girardi and Keese have won $200 million for homeowners whose property was damaged by the Northridge Earthquake and who were denied adequate coverage by Farmers. The firm also won $30 million from an international insurance company for committing bad faith against a major hotel and gaming corporation.

The firm has represented thousands of individual policyholders in bad faith claims which, while not resulting in multi-million dollar judgments, forced insurers to make good on their pledge of coverage.

Insurance companies also violate the law by overcharging, failing to properly disclose terms and conditions, discriminating against prospective insureds, and engaging in other unfair or illegal business practices. At the Girardi | Keese law firm in Los Angeles and San Bernardino, our attorneys believe that insurance companies should make good on their promises and conduct their business according to law.

Check this page frequently to learn about insurance litigation in California or contact Girardi | Keese at 213-977-0211 to discuss your legal matter with a lawyer. If you have questions about insurance bad faith in California, call us.