NC Consumers to Get Settlements

RALEIGH — Consumers who may have unknowingly bought damaged vehicles because State Farm Insurance failed to issue proper titles for the cars will get money back as part of a national settlement. State attorney general offices reached an agreement with State Farm in which the insurer will give $40 million in refunds. An estimated 30,000 consumers nationwide may be eligible for payments ranging from $400 to more than $10,000, depending on vehicle value and the number of consumers who participate. Most consumers’ payments are likely to range from $800 to $1,850, the N.C. Attorney General’s office said.