CBS Evening News - 1999-10-04
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Read a transcript preview of “CBS Evening News - 1999-10-04” from malgent, uploaded on 2026-01-03.
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Language: English (original, YouTube automatic captions)
[0:00] programs offering
[0:01] >> of the health insurance market. Their
[0:03] numbers are growing. Tracking the West
[0:06] Nile virus. A mosquito expert joins the
[0:09] hunt and eye on America. Tonight,
[0:12] thieves with familiar names. Yours.
[0:17] This is the CBS Evening News [music]
[0:21] with Dan Rather reporting from CBS News
[0:24] headquarters in New York.
[0:27] >> Good evening. A jury verdict today could
[0:29] change the way the automobile insurance
[0:31] industry does business and could lead to
[0:33] higher premiums for you. The jury agreed
[0:36] that the state farm insurance company
[0:38] breached a contract to restore cars to
[0:41] pre-ac condition by insisting repair
[0:44] shops use cheap replacement parts. As
[0:47] CBS's Anthony Mason reports, the verdict
[0:50] will put a big dent in State Farm's
[0:51] wallet and eventually probably yours as
[0:54] well.
[0:56] The nation's largest auto insurer
[0:58] accused of forcing inferior parts on its
[1:01] policy holders was slapped with a $456
[1:04] million judgment by an Illinois jury
[1:06] today.
[1:07] >> We at State Farm are extremely
[1:09] disappointed.
[1:10] >> State Farm, like many insurance
[1:12] companies, often dictates that crash
[1:14] repairs be made with so-called
[1:16] aftermarket parts, lowcost generic
[1:19] knockoffs.
[1:20] >> And you can see the aftermarket fender
[1:22] doesn't line up with the factory door.
[1:25] the line is way too tight. And then as
[1:27] we continue down the line, the gap gets
[1:30] bigger and bigger and bigger and it's
[1:31] way too wide at the bottom.
[1:32] >> They're cheap, flimsy imitation part.
[1:35] >> Don Barrett represented State Farm
[1:38] policy holders in the class action suit.
[1:40] In its defense, State Farm claimed
[1:42] safety was n