fbpx

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

Progressive Insurance P Logo

Sound Credit Union Collateral Protection Insurance Washington Settlement

This settlement resolves a class action against Sound Credit Union, alleging it violated the Washington Consumer Protection Act and Washington common law. The complaint brought suit against Sound for charging borrowers for collateral protection insurance premiums, not fully refunding unearned premiums, and charging unauthorized fees and interest.  Read more

Sound Credit Union Logo

Progressive Direct “Projected Sold Adjustments” Oklahoma Class Action

Progressive Direct Insurance Company uses a third-party vendor, Mitchell International, Inc., to help it determine the actual cash value (ACV) of vehicles that are totaled. But the complaint for this class action alleges that Progressive “systematically thumbs the scale” by applying Projected Sold Adjustments to the valuations of the vehicles, in order to reduce the  Read more

Progressive Insurance P Logo

Progressive Direct Projected Sold Adjustments to ACVs Kentucky Class Action

When a vehicle is totaled in an accident, the insurance company must determine its actual cash value (ACV) in order to make a payout to the insured. But the complaint for this class action alleges that Progressive Direct Insurance Company unfairly reduces its payouts by taking the valuations provided by its vendor, Mitchell International, Inc.,  Read more

Progressive Insurance P Logo

GEICO Underpayment of PIP Providers Settlement

This settlement resolves a class action about payouts for personal injury protection (PIP) insurance in Florida, against GEICO General Insurance Company, GEICO Indemnity Company, GEICO Casualty Company, and Government Employees Insurance Company. The complaint alleged that GEICO improperly interpreted the term “Billed Amount” in policy language and therefore underpaid providers and therefore only paid 80%  Read more

The Geico Gecko

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

Old Totaled Vehicle

Founders Insurance Total Losses Tax and Title Payouts Settlement

Founders Insurance Company is settling a class action alleging that, when it makes a payout for a total loss under an insurance policy in Ohio, it is required to include sales tax and title transfer fees for the supposed new vehicle.  Read more

Wrecked Car

Liberty Mutual Fire Insurance Windfall During Covid-19 California Class Action

Liberty Mutual Fire Insurance Company has “unfairly profited” from the Covid-19 pandemic, says the complaint for this class action. This is because, the complaint claims, social distancing and stay-at-home orders drastically decreased the amount of driving people did, resulting in fewer accidents and a windfall for auto insurers.  Read more

Liberty Mutual Insurance Logo

Progressive Advanced “Stacked” UIM Coverage Pennsylvania Class Action

This class action brings suit against Progressive Advanced Insurance Company for charging customers for “stacked coverage” in households in Pennsylvania which have no other vehicles, and where stacking is therefore not possible.  Read more

Progressive Insurance P Logo

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

Progressive P Logo