State Farm will pay $250 million to settle a lawsuit that said the big insurance company tried to rig the Illinois justice system to overturn a $1 billion jury verdict on use of non-manufacturer parts in car crash claims.
Little Rock lawyer Tom Thrash has been a lawyer in this case from the beginning, though Arkansas customers had already received a settlement in the case and are excluded from the new settlement. He’s continued to participate in the ongoing federal suit in Illinois that was to begin today. It sought $8.5 billion in damages.
State Farm spent heavily to elect a Supreme Court justice who voted to overturn the jury verdict. The money was routed through dark money organizations to benefit a justice who proved valuable to the insurance company. A federal judge denied efforts to have the suit dismissed.
This settlement will go to policyholders insured from July 28,
According to the settlement, lawyers will file for fees later with the court.