Insurance
Progressive Direct “Projected Sold Adjustments” Idaho Class Action
To determine the actual cash value (ACV) of vehicles that are totaled, Progressive Direct Insurance Company uses a third-party vendor, Mitchell International, Inc. But the complaint for this Idaho class action alleges that Progressive “systematically thumbs the scale” in its own favor by applying Projected Sold Adjustments to Mitchell’s valuations, in order to make smaller Read moreInsurance
Chubb Discounts on Renewals of Insurance Policies Class Action
Chubb Ltd. is a Swiss insurance company that sells insurance in the US through its subsidiaries, including Federal Insurance Company. The complaint alleges that the two promise discounts on renewals of their homeowners and valuable articles insurance policies, do not deliver the promised discounts, and do not explain their calculations. Read moreInsurance
Unum Universal Life Policies COI Rate Increases Class Action
This class action concerns the monthly cost of insurance (COI) for group universal life or individual universal life insurance policies that are issued by Unum Life Insurance Company of America and administered by it or its agents. The complaint alleges that the cost of insurance charges for these policies is supposed to be based on Read moreInsurance
Root Insurance No Sales Tax on Payouts for Totaled Vehicles Texas Class Action
Root Insurance Company provides auto insurance with standard form insurance policies to customers in Texas. The complaint for this class action alleges that Root, in its payouts for totaled vehicles, does not include sales tax, which the complaint alleges violates its own Texas Sales Tax Form Policies. Read moreInsurance
Travelers Insurance No Inherent Diminution of Value Payout Class Action
One of the things offered by the Standard Fire Insurance Company, which does business as Travelers Insurance Company, is auto insurance. But this class action alleges that Travelers refuses to make payouts for third-party claimants after an accident for the vehicle’s inherent diminution in value (IDV). Read moreInsurance
Anthem, Empire Union Health Funds Hiding Claims Data, Says ERISA Class Action
The Employee Retirement Income Security Act (ERISA) also governs some health plans provided to employees or union members. In this case, two union self-funded health funds have sued Elevance, Inc., Anthem Health Plans, Inc., Anthem Blue Cross, Empire Blue Cross Blue Shield, and Empire Blue Cross (collectively called “Anthem” in the complaint), alleging that the Read moreInsurance
Auto-Owners (Mutual) Depreciation of Labor MO and WI Class Action
Auto-Owners (Mutual) Insurance Company also sells property coverage policies for residential and commercial buildings. But the complaint for this class action alleges that Auto-Owners regularly pays policyholders in Missouri and Wisconsin less than they should get for damage to structures using the “replacement cost less depreciation” methodology, because it deducts depreciation on non-material things like Read moreInsurance
Travelers Property Casualty Stacking of UM/UIM Coverages Arizona Class Action
This class action, against Travelers Property Casualty Insurance Company, is about stacking uninsured and underinsured (UM/UIM) motor vehicle accident claims under Arizona law. The complaint alleges that Travelers was obliged to permit stacked UM/UIM coverage, because it did not do what it was required to do to avoid it. Read moreInsurance
Columbus Life Insurance Cost of Insurance Basis Class Action
With certain life insurance policies, the insurance company subtracts certain charges from an account value to pay for the policy each month. The complaint for this class action alleges that Columbus Life Insurance Company has for several years deducted too much from its customers’ account values, in breach of the terms of the policy. Read moreInsurance
Progressive Universal “Projected Sold Adjustments” Nebraska Class Action
When a vehicle is totaled in an accident, the insurance company must calculate the vehicle’s actual cash value (ACV) in order to determine the payout. The complaint for this class action alleges that Progressive Universal Insurance Company “systematically thumbs the scale” in its own favor by applying something called a Projected Sold Adjustment that the Read moreInsurance