Judge affirms $350 million State Farm refund order

by Staff on April 12, 2011 in Social Media Websites

Judge affirms $350 million State Farm refund order
share: digg facebook twitter AUSTIN, Texas (AP) — A state judge in Austin ruled Monday that State Insurance Commissioner Mike Geeslin was within his authority when he ordered State Farm Insurance to refund about $350 million to ratepayers for excessive premiums charged as early as 2003. State District Judge Tim Sulak ruled after hearing two hours of arguments from attorneys for the state ...