Legislator Wants to Reopen State Farm Investigation
Update, 5:30 p.m.:
Insurance Commissioner Eleanor Kitzman responded to Sen. Rodney Ellis’ letter on the criminal investigation of State Farm by the Travis County District Attorney’s office in a public letter to the Texas Legislature.
“The District Attorney may have information that was not provided or available to TDI previously,” wrote Kitzman in the letter. “Given the severity of the accusations made by the District Attorney, TDI is carefully considering its options for further regulatory action in this matter.”
The Travis County DA’s office has not publicly specified the type of criminal charges it is investigating ...
Comments (2)
Tony Trevino
This must be in their DNA. When I first bought my house, 20 some yrs ago, I thought State Farm had the best brand name so I bought home insurance with them. The first time I tried to file a claim, it actually was related to roof shingles due to high winds. I was kinda shocked when they told me I could fix it myself. I also had my car insurance with them. Needless to say I finally go rid of them for any insurance coverage. It is a big step for anyone to change coverage, especially a homeowners policy which is generally for one year.
State Farm has a huge market share of homeowners in TX.
Mike Andras via Texas Tribune on Facebook
the solution "White collar crime" task force.