Allstate, State Farm questioned about ‘running a racket’ and ‘pattern of fraud’ in Senate subcommittee
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Allstate, State Farm questioned about ‘running a racket’ and ‘pattern of fraud’ in Senate subcommittee
During a Senate subcommittee hearing investigating claim handling during recent natural disasters, Sen. Josh Hawley (R-Missouri) grilled Allstate and State Farm executives saying testimony from adjusters and policyholders, along with previous lawsuits, appears to show the companies are “running a racket” and a “pattern of fraud” while making “outrageous profits.” The Homeland Security & Governmental Affairs Subcommittee on Disaster Management, …
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