State Farm, the largest U.S. auto insurer by market share, and the Kentucky attorney general’s office have reached a settlement over allegations that the insurer failed to adequately inform customers about available uninsured/underinsured motorist coverages.
Under the agreement, State Farm will pay $1.35 million to reimburse the commonwealth for the cost of its investigation into the allegations, according to a press release from Attorney General Daniel Cameron’s office.
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