An Oklahoma judge has ordered Farmers Insurance and a subsidiary to pay a total of $15 million to three plaintiffs who filed property claims resulting from an EF-3 tornado that struck Woodward, Okla. in 2012, killing six people and injuring 29.
Plaintiffs Sterling Parks, Jeff and Mary Sharpe, and Kim and Linda Louthan alleged that Los Angeles, Calif.-based Farmers Insurance Inc. and Foremost Insurance Group not only underpaid claims involving damage to their homes but also selected adjusters whom they believed “would offer low estimates.”
Jeff Marr, the attorney who filed the lawsuit in August 2012 on behalf of the homeowners, says the adjuster in the Parks' claim determined the home was not structurally damaged and therefore could be repaired, even though an engineer hired by Parks reccommended the home be torn down.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.