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A $1 million fine against Farmers Insurance Group has been levied by the California Department of Insurance following settlement negotiations over how the company handled consumer claims.

Farmers — consisting of Farmers Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Company, and Truck Insurance Exchange — agreed to the settlement to resolve a CDI enforcement action. The action covered approximately 1,000 violations of the California Insurance Code and Fair Claims Regulations between Jan. 2, 2002, through Aug. 8, 2004. An investigation by the Claims Services Bureau of the California Department of Insurance found violations arising from some 350 claim-handling complaints filed by consumers from 2001 to 2004.

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