March 25, 2025
A Pennsylvania federal judge on Tuesday tossed a proposed class action brought by homeowners accusing State Farm of limiting compensation by improperly employing a "new construction" setting in software when calculating property damage, finding their policy did not require the insurer to use a specific computation method for loss calculations.
September 01, 2023
State Farm policyholders asked a Pennsylvania federal judge Thursday to certify their case against the insurance giant for using a software's "new construction" pricing that estimated all property losses worth more than $100,000, regardless of whether the structure suffered a partial or total loss, causing State Farm to undervalue and underpay claims.