Lawsuit claims Farm Bureau hid fraudulent activity from insurance regulators

A gavel rests upon an open law book. (Getty Images)

DES MOINES — Two alleged whistleblowers are suing Farm Bureau Property & Casualty Insurance Co. and its affiliates for alleged racketeering, wrongful termination and concealment of information from state regulators.

The lawsuit alleges Farm Bureau officials repeatedly concealed from regulators in Iowa and other states instances of fraudulent activity committed by company agents or employees. The defendants’ conduct in the matter amounts to racketeering, obstruction of justice, and mail fraud or wire fraud, the lawsuit claims…

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