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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 more

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Liberty Mutual Fire Insurance Manipulation of Xactimate Class Action

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.  Read more

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Twin City Fire Insurance Projected Sold Adjustments Missouri Class Action

When an insurance company deems repair of a damaged vehicle to be impossible or not cost-effective, it may declare the vehicle to be a total loss and choose to pay the insured the vehicle’s actual cash value (ACV). However, the complaint for this class action claims that Twin City Fire Insurance Company unfairly reduces these  Read more

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Progressive Premier “Projected Sold Adjustments” Georgia Class Action

When vehicles are totaled, insurers use their actual cash value (ACV) to determine the payout to the policyholders. This class action alleges that Progressive Premier Insurance Company of Illinois unfairly apply a “Projected Sold Adjustment” to the prices of comparable vehicles, reducing their ACVs and thus reducing the amount it must pay out.  Read more

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Progressive Gulf, Mountain Laurel “Projected Sold Adjustments” Mississippi Class Action

When a vehicle is totaled, insurance companies must determine its actual cash value (ACV) in order to calculate the payout to policyholders. This class action brings suit against Progressive Gulf Insurance Company and Mountain Laurel Assurance Company, alleging they unfairly apply a “Projected Sold Adjustment” to the prices of comparable vehicles, in order to lower  Read more

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Progressive Advanced “Projected Sold Adjustments” to ACVs Arizona Class Action

How are insurance companies permitted to calculate the actual cash value (ACV) of totaled vehicles to determine a payout? The complaint for this class action claims that Progressive Advanced Insurance Company unfairly reduces the amounts of its payouts to policyholders by subtracting a “Projected Sold Adjustment” from the values of comparable vehicles when it makes  Read more

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Progressive Direct “Projected Sold Adjustments” to ACVs Massachusetts Class Action

When a vehicle is totaled, Progressive Direct Insurance Company must calculate its actual cash value (ACV) to calculate the payout it will make to the policyholder. But the complaint for this class action alleges that Progressive Direct “systematically thumbs the scale” in its own favor by applying a “Projected Sold Adjustment” to lower its payouts  Read more

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Progressive Direct “Projected Sold Adjustments” to ACVs Delaware Class Action

When a vehicle is totaled, the insurer must calculate its actual cash value (ACV) to determine the appropriate payout to the policyholder. But the complaint for this class action alleges that Progressive Direct Insurance Company “systematically thumbs the scale” in its favor by applying a “Projected Sold Adjustment” to lower its payouts in Delaware.  Read more

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Progressive Casualty “Projected Sold Adjustment” to ACVs Connecticut Class Action

In determining payouts for totaled vehicles, insurance companies must calculate the vehicles’ actual cash value (ACV). But is it legitimate for an insurance company to subtract a “projected sold adjustment” from the values shown for comparable vehicles in the area? The complaint for this class action claims that Progressive Casualty Insurance Company applies a “deceptive  Read more

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Progressive Direct “Projected Sold Adjustment” to ACVs Minnesota Class Action

How should insurance companies figure a totaled vehicle’s actual cash value (ACV)? This class action takes issue with Progressive Direct Insurance Company’s “projected sold adjustment” which the company has subtracted from the prices of comparable vehicles to determine ACVs and its payouts to insureds. The complaint calls the adjustments “deceptive and unexplained” and “contrary to  Read more

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