September 12, 2022
This class action, brought against Liberty Mutual Fire Insurance Company, concerns the calculation of actual cash value (ACV) for structural damage to buildings. The complaint alleges that, when figuring ACV payments for claims, Liberty Mutual subtracts depreciation from labor costs, when it should not.
Case Event File: Liberty Mutual Fire Insurance Manipulation of Xactimate ComplaintRelated to: Liberty Mutual Fire Insurance Manipulation of Xactimate Class Action