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$2.4 Million Verdict

Business

Jury Returns $2.4 Million Verdict Against Farmers Insurance For Fraud

Morris v. Farmers Group, Inc., et al. | Mobile County, Alabama, Circuit Court | Case No. 02-CV-2010-900355.00

A local insurance agent learned that Farmers was recruiting agents to sell its products.  At the time, he was a licensed insurance agent at another insurance agency, owned and operated by his father.  He contacted Farmers about the potential opportunity and made it clear from the beginning that he was not interested in becoming a Farmers agent if it meant having to leave his father’s agency. Farmers assured him that it was not a problem for him to remain with his current agency, and that his association did not violate any of Farmers’ policies or procedures.  However, that representation was false when it was made.  The agent worked for Farmers for over two and a half years – building a book of business, establishing relationships with clients, and quadrupling the premiums he earned for Farmers.  Then, without warning, he was terminated due to his relationship with his father’s agency.  Attorneys with Cunningham Bounds obtained a $2.4 million jury verdict in favor of the insurance agent in this fraud case against various affiliated Farmers insurance companies.

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