State Farm to pay $3.7mn in NFIP fraud case
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State Farm to pay $3.7mn in NFIP fraud case

24 March 2014
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A US court has fined Illinois-headquartered State Farm Fire and Casualty $758,000 and ordered it to pay $2.9mn in legal fees after it was found to have defrauded the taxpayer-funded National Flood Insurance Program (NFIP).

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News Regulation March 2014/4
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