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Missouri Court Upholds $16 Million Bad Faith Award Against Allstate

Midwest News • July 30, 2008
Allstate Insurance Co. has lost its appeal of a $16 million judgment against it for not settling a claim for the $50,000 limit on an auto insurance policy. The Missouri Court of Appeals this week ...

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Subject: Not in Good Hands

Posted On: July 31, 2008, 8:01 am CDT
Posted By: Mark in A2
Comment:
What's sad is how Allstate had the chance to settle this for a mere $50k, which is just peanuts to a company that size. This isn't just bad faith, it's bad judgment and bad business. No wonder Allstate was judged as the worst insurer in the country (debate the merits of the American Association for Justice study if you like, but here's anecdotal evidence as proof). I'll never use Allstate and I urge others to do the same. I'm glad the appeals court upheld the lower court's ruling, since that will hit Allstate in the one place that seems to matter to them: their bank account. One could argue that they care about their reputation, but with these kinds of reprehensible denials, it's pretty obvious they don't want to burnish their image as much as line their pockets. Accountability at it's finest!
Subject Posted By Posted On
So happy to hear about this J.Rambo
Jan 8, 2009, 1:47 pm
The facts bob
Aug 4, 2008, 2:36 pm
Oh yeah right, the actor is Dennis Allsnake Despiser
Jul 31, 2008, 6:45 pm
common sense Mr. Obvious
Jul 31, 2008, 12:43 pm
Not in Good Hands V
Jul 31, 2008, 10:56 am
RE: Not in Good Hands Sheltowee
Jul 31, 2008, 10:12 am
Not in Good Hands Mark in A2
Jul 31, 2008, 8:01 am
American Association for Justice ? Gill Fin
Jul 30, 2008, 4:48 pm
RE: Allstate Bad Faith Award Hate Allsnake
Jul 30, 2008, 2:59 pm
Allstate Bad Faith Award WiFrosty
Jul 30, 2008, 2:38 pm
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