The U.S. 11th Circuit Court of Appeals on Thursday ruled that actions against insurance companies for premium overcharges are not subject to federal antitrust laws because the McCarran-Ferguson Act bars the claim since it concerns the "business of insurance."In
Gilchrist v. State Farm Mutual Auto. Ins. Co. (11/18/04 - No. 03-10799), Linda Gilchrist, Joanne Zipperer and Jackie Valentine (referred to
collectively as "Gilchrist") alleged that defendants conspired in violation of federal
antitrust laws to limit insurance coverage for certain external auto body repairs to
the cost of less ex...
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