Our firm is currently handling a case against Farmers Group, Inc. for failing to pay a fire claim on a rental property.
Rackohn & Rackohn files lawsuit against Fire Insurance Exchange and Farmers Group, Inc. for wrongful denial of a fire claim under a landlord protection package policy of insurance
Date: November 22, 2013
Syron v. Farmers Group, Inc. Los Angeles Superior Court, Stanley Mosk Courthouse
Plaintiff’s trial law firm Rackohn & Rackohn filed a wrongful denial of insurance benefits lawsuit on behalf of Joseph Syron against the Farmers Insurance Group, Inc. and Fire Insurance Exchange. The case was filed in Los Angeles Superior Court in downtown Los Angeles.
The suit alleges that Famers Group Inc. and Fire Insurance Exchange wrongfully denied paying a fire claim by relying on its vandalism vacancy exclusion, and intentionally disregarded evidence that supported paying this claim. That Farmers Group, Inc. committed a fraud by not specifically defining arson as a form of vandalism in the policy, knowing that for years it has been denying arson claims by relying on the vandalism vacancy exclusion.
Attorney Craig Rackohn stated: “The purpose of this lawsuit is to prove that policy holders have rights pursuant to the terms of their insurance policy that they have paid for and are entitled to. Policy holders are entitled to their insurance benefits when there is a covered fire claim. Farmers Group, Inc. and the Fire Insurance Exchange should not be allowed to collect premiums knowing that if there is a fire claim caused by arson Farmers Group, Inc. and its companies are not going to pay the claim if the insured dwelling has been vacant longer than permitted under the vandalism vacancy exclusion contained in the policy.
Rackohn & Rackohn specialize in wrongful denial of insurance claim cases. Information about the firm, can be found at www.rackohn.com