Farm Bureau Financial full of systematic fraud and cover-ups???

(Sung in the most over the top and cheesy way) We stand for people, progress, pride, and fraud! Iowa Farm Bureau scamming you!
 
  • Haha
Reactions: cymac2408
Having done work in this realm, these are all pretty damning things.

My questions though, did these investigators go to Internal Audit? Did these investigators go to the Boards Audit Committee?

After they were shut down by Counsel, going to Internal Audit and/or the Audit Committee should have been there next move.
 
Explains the 38% homeowner's rate increase they just applied for. Legal bills don't pay themselves....
 
How likely is this to make FB insurance rates go up?

I'm already not particularly happy with FB. About a 50% rate increase to my homeowners policy this last renewal after switching to them the year before. Also, Colin left being an agent so I don't currently have an agent and only got a form letter in the mail notifying me after I had tried to make contact when I got a new vehicle.


i mean, the allegations would mean more payouts from Farm B... a.k.a they gonna need rates up to pay out? thats my assumption.
 

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