Judge awards $15 million to plaintiffs in suit over insurance claims from ’12 Woodward twister

Wednesday, March 5th, 2014 Catastrophe Litigation Property Risk Management

An Oklahoma judge says Farmers Insurance and a subsidiary must pay a total of $15 million to three plaintiffs whose homes were damaged in the 2012 Woodward tornado. District Judge Ray Dean Linder ruled in favor of three plaintiffs who filed breach of contract lawsuits against Farmers Insurance and Foremost Insurance Group. The lawsuit alleged that the insurance companies underpaid claims and used adjusters that they knew would offer low estimates.

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http://www.therepublic.com/view/story/f2f3ec9060a04fd090bad87774093b93/OK--Woodward-Tornado-Lawsuit

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