12/21/2012 12:24:04 PM EST
Suit Over Farmers 'Short Rate' Policy Revived
Posted by
Law360: Insurance
A California appeals court on Thursday restored part of a putative class action that accuses Farmers Group Inc. of shortchanging customers on refunds when they cancel their policies early, finding a lower court improperly axed claims over the insurer's alleged failure to explain "short rates" in its policies.
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