Schoenbeck Law settled an insurance bad faith suit against National Farmers Union for $425,000. NFU is owned by an Australian conglomerate, QBE. NFU was using a method of adjusting property claims that cheated its insureds.
Our specialty is in digging through the company’s practices and procedures to find methods it uses to deny its insureds what it properly owes. NFU was using excess depreciation and failing to offer profit and overhead (10 & 10), to deny its insureds the full benefit of their insurance contract.