Arkansas Woman Wins Court Battle for Insurance Payout on Totaled Car

1 min read
Source: CBS News
Arkansas Woman Wins Court Battle for Insurance Payout on Totaled Car
Photo: CBS News
TL;DR Summary

An Arkansas jury found that State Farm underpaid customers for totaled cars by using outdated software that undervalued vehicle replacement costs, leading to a class action lawsuit. The case highlights issues with how insurance companies calculate payouts, with similar lawsuits emerging in other states.

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