State Farm regularly takes hits in jury trials. But State Farm took a verdict in Indiana this week that was far more “personal”: $14.5 million jury verdict for insurance fraud and RICO claims against Radcliff and CPM.
The case arose out of work done by Plaintiff and his company following a big hailstorm in Indiana five years ago. The lawsuit alleged that State Farm made unfounded claims of fraud against the Plaintiff. The jury agreed, finding that State Farm’s claims were baseless and that State Farm also defamed the Plaintiff.
State Farm is a bold insurance company willing to take a hit. It did not help them in this case.