Insurer Agrees To Settle Oklahoma Earthquake Damage Suit For $25M

(April 7, 2021, 11:09 AM EDT) -- OKLAHOMA CITY — Oklahoma’s attorney general and insurance commissioner on April 5 announced that they reached a $25 million settlement with Farmers Insurance Co. in a lawsuit alleging that Farmers failed to pay approximately1,000 earthquake claims submitted by insureds following an increase in seismic activity as a result of fracking operations....