Settlement Structure: Claims Made
Active: Closed
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Case Summary:This $14 million settlement resolves a class action against PEMCO Mutual Insurance Company. The complaint alleged that the company calculated total loss payouts by using Autosource estimates, then deducting amounts for “typical negotiations” in a way that the complaint said was not factually supported, reasonable, or allowed by the laws of the state of Washington. The deductions resulted in underpayments to insureds, the complaint contended.
Docket Number:18-2- 08153-5
Company: PEMCO Mutual Insurance Company
Filing Deadline: June 17, 2021
Class Period: May 17, 2012 to April 30, 2020
Objection Deadline: April 23, 2021
Exclusion Deadline: April 23, 2021
Final Approval Hearing: May 7, 2021
Proof of Purchase:Presumably company records will be used for verification.
Eligibility:You may be eligible if you were insured by PENCO under a policy issued in Washington, and PEMCO paid you for the total loss of your vehicle, which occurred between May 17, 2012 and April 30, 2020, under a first-party coverage (Comprehensive, Collision, or Uninsured Motorist), using an Autosource estimate as part of the vehicle valuation process.
You are not eligible if (1) the Autosource estimates PEMCO used for your loss did not include a “typical negotiation” deduction, (2) your date of loss was outside of the above class period, or (3) you are a PEMCO employee.
Typical Settlement Amount:Amount will depend on total loss value paid by PEMCO in which Autosource took a “typical negotiation” deduction. Payments will vary based on the amount deducted for this “typical negotiation” and how much PEMCO paid you, but the average payment is estimated to be around $550.
Total Settlement Amount: Up to $14,110,030.44
Class Representative Proposed Incentive Fee:Up to $10,000
Law Firms:
Law Office of Scott P. Nealey
Law Offices of Stephen M. Hansen PS
Claim Form: PEMCO Total Loss Settlement Claim Form
Case Name: Stier v. PEMCO Mutual Insurance Co.
Settlement Website: PEMCO Total Loss Settlement Website
Claims Administrator:
JND Legal Administration
PEMCO Total Loss Settlement
c/o JND Legal Administration
P.O. Box 91341
Seattle, WA 98111
1-833-722-0890
info@PEMCOTotalLossSettlement.com