Grange Insurance Companies Sales Tax, Fees on ACV Settlement

A settlement has been reached in a class action against Grange Indemnity Insurance Company, Grange Insurance Company (formerly, Grange Mutual Casualty Company), Grange Property and Casualty, and Trustgard Insurance Company. The class action alleged that the companies did not pay insureds who submitted physical damage claims the full actual cash value (ACV) of totaled vehicles.  Read more

Grange Name and Logo

State Farm Mutual Total Loss Transfer Fees Delaware Class Action

Recent class actions have raised the question of what the actual cash value (ACV) for a totaled vehicle should include. This one contends that State Farm Mutual Automobile Insurance Company should include transfer fees in its ACV payments. The transfer fees, it claims, include a tag fee, a document fee, and a title fee, because  Read more

State Farm Name and Three-Oval Logo

State Farm Fire and Casualty Depreciation of Labor Arkansas Settlement

State Farm Fire and Casualty Company is electing to settle a class action alleging that it underpaid certain insurance claims for losses to structures in Arkansas. According to the complaint, when insureds made claims for damage to structures in Arkansas, the company depreciated labor costs when figuring the actual cash value (ACV) for repairs or  Read more

Tree Fallen on Home

Catlin Specialty Insurance Company Labor Depreciation Tennessee Class Action

When your insurance company pays for the repair or replacement needed for a damaged structure, how do they calculate the actual cash value (ACV) and your payout? The complaint for this class action alleges that Catlin Specialty Insurance Company deducts depreciation for labor, and claims that the company should not be permitted to do that.  Read more

Wind Damage: Tree Fallen Over onto House Roof

American Family Insurance Vehicle Actual Cash Value Class Action

When an insured passenger vehicle is declared a total loss, the insurance company will pay the owner or lessee the actual cash value (ACV) of the vehicle. The complaint for this class action alleges that American Family Insurance Company does not properly calculate the ACV, because it does not include the sales tax, title transfer  Read more

American Family Insurance Sign on Blue-Gray Brick Wall

Selective Insurance Co. of SC Depreciation of Labor Tennessee Class Action

When an insured party makes a claim for the actual cash value (ACV) of damaged property, how is that amount calculated? The complaint for this class action alleges that, in figuring the ACV of damaged property, Selective Insurance Company of South Carolina should not have subtracted depreciation for labor.  Read more

Selective Insurance Building

Progressive Direct Impermissible Deductions from ACV Washington Class Action

How should an insurance company calculate the actual cash value (ACV) of a vehicle it declares a total loss? Progressive Direct Auto Insurance Company does it incorrectly, alleges the complaint for this class action, taking “unsupported, impermissible and unverifiable” adjustments, which are always deductions, from the price of comparable vehicles.  Read more

Progressive Direct Logo

James River Insurance Actual Cash Value and Vehicle Transfer Fees Florida Class Action

When an insurance company is deciding the actual cash value ACV) of a totaled vehicle, what is included? The complaint for this class action alleges that James River Insurance Company ought to be including title and registration transfer fees for settlements under its Florida insurance policies.  Read more

James River Insurance Company Logo

Progressive Select Incomplete Payment of Vehicle ACV Class Action

This class action is one of a number of recent ones taking issue with insurance companies’ payments for the actual cash value (ACV) of vehicles that are deemed total losses. In this case, the complaint alleges that Progressive Select Insurance Company does not include title and tag fees, which are necessary expenses when paying for  Read more

Totaled Car

Progressive Auto Policies ACV Sales Tax and Regulatory Fees Class Action

When an insurance determines the actual cash value (ACV) payout for a total-loss vehicle, what costs does this include? The complaint for this class action claims that Progressive Advanced Insurance Company and Progressive Specialty Insurance Company should include regulatory fees and sales taxes.  Read more

Auto Collision with Damaged Vehicles