January 21, 2022
Frankenmuth Mutual Insurance Company offers policies for property insurance. When Frankenmuth calculates the actual cash value (ACV) of losses in certain states, it uses a “replacement cost less depreciation” method. The complaint for this class action alleges that Frankenmuth, in calculating payouts, improperly depreciates labor.
Case Event File: Frankenmuth “Replacement Cost Less Depreciation” Calculations ComplaintRelated to: Frankenmuth “Replacement Cost Less Depreciation” Calculations Class Action
