News and views and topics of interest from Schmitz Insurance, LLC
Wednesday, 31 May 2006 | |||
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Who really is "Like a Good Neighbor" | |||
| State Farm insurance recently lost a lawsuit (5/25/06) regarding it's handling of claims after a tornado in OK. According to the lawsuit, State Farm hired Texas-based Haag Engineering, which intentionally undervalued damage to homes or claimed the damage was caused by other factors -- like faulty construction -- instead of tornadoes. The jury ruled that State Farm "recklessly disregarded" its duty to deal fairly and act in good faith with the Watkinses and that it "intentionally and with malice" breached its duties as the couple's insurance company. I guess you can say almost anything with millions of dollars of advertising but that doesn't make it true. While there can often be disagreement on claims, we as independent agents can look out for your best interests. | |||
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Profile |
Philip J Schmitz, CIC is the owner of Schmitz Insurance, LLC. He represents the third generation of Schmitz in the Insurance business which was started in the 1930's by his grandfather George Schmitz, Sr. and grown significantly by his father A.F. "Bud" Schmitz. Phil is a graduate of Southern Door High School, The University of Wisconsin Green Bay (Marketing and Finance) and is a Certified Insurance Counselor for over 25 years. |
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