Home » State Farm Urges eighth Circ. To Look Once more At $34M Payment Verdict
Regulation360 (July 28, 2020, 10:25 PM EDT) — State Farm has requested the total Eighth Circuit to rethink its ruling affirming an authorized class’ $34 million win in a jury trial over charges on State Farm’s life insurance coverage insurance policies, arguing that the ruling “successfully rewrites” the insurance policies and conflicts with precedent each out and in of the circuit.
In a 28-page petition for a rehearing en banc filed on Friday, State Farm Life Insurance coverage argued {that a} three-judge panel acquired it unsuitable final month when it affirmed the jury verdict and located that State Farm’s insurance policies had been ambiguous. The panel held that as a result of the insurance policies weren’t clear about whether or not…
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