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Cincinnati Insurance Company Depreciation of Labor in Payouts Class Action

Can an insurance company calculating a payout for property damage depreciate labor costs? This class action brings suit against the Cincinnati Insurance Company alleging that it should not have depreciated labor in its calculations of payouts for damage to insured properties.  Read more

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Truck Insurance Exchange General Contractor Payments Settlement

This settlement resolves a class action against Truck Insurance Exchange, Farmers Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Company, and Farmers Insurance Company of Arizona, on the issue of general contractor’s overhead and profit (GCOP) charges. The complaint alleged that, under certain commercial and residential insurance policies, Farmers was required to pay GCOP as part  Read more

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Sentinel Insurance No Payouts for Covid-19 Business Losses Class Action

Sentinel Insurance Companies, Limited offers insurance policies, including for commercial all-risk insurance. But the complaint for this class action alleges that Sentinel has breached its contracts because it is refusing to pay out to compensate policyholders for business losses incurred because of Covid-19 closures.  Read more

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Falls Lake National Insurance No Payout for Covid-19 Closures Class Action

At the beginning of the Covid-19 pandemic, businesses around the country were forced to close their doors for a time to avoid spreading the disease. But many of them are finding that their insurance carriers are unwilling to pay for these interruptions of business. The complaint for this class action alleges that Falls Lake National  Read more

Business Insurance

Auto-Owners Insurance Higher Property Valuation for Lower Payout Class Action

On May 18, 2019, Mason’s Automotive Collision Center was damaged by a tornado. Mason’s was insured by Auto-Owners Insurance Company under a policy that does not cover damage to the building’s foundation. However, the complaint for this class action alleges Auto-Owners includes the cost of foundation repair “as part of a scheme to reduce the  Read more

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Truck Insurance Exchange No Coverage for Covid-19 Losses Class Action

In March 2020, the World Health Organization (WHO) classified the Covid-19 outbreak as a pandemic. That same month, the Centers for Disease Control and Prevention (CDC), the national Coronavirus Task Force, and numerous states undertook measures to stem the spread of the disease, including issuing orders to stay at home and close businesses. The complaint  Read more

Sign "Sorry We're Closed" on Restaurant Window

Truck Insurance Exchange Denial Covid-19 Business Losses WA Class Action

The complaint for this class action alleges that Truck Insurance Exchange is refusing to provide coverage for losses and damages to Washington businesses that resulted from governmental orders to close down to prevent the spread of Covid-19.  Read more

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Erie Insurance Exchange Refusal to Pay for Covid-19-Related Losses Class Action

Three businesses in Pennsylvania and Virginia are suing Erie Insurance Exchange, because of losses incurred due to measures taken to prevent the spread of Covid-19. The three, High Tech Hair, LLC, Capucinno [sic] Pizzeria Ristorante La Villa, and Rose Glam Hair Studio, LLC, were all insured under Erie’s Ultrapack Plus Commercial Property Coverage form.  Read more

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Hanover Insurance Refusal to Pay Covid-19 Business Losses Class Action

When businesses buy insurance, they can select coverage for business interruptions, to cover losses and extra expenses incurred when normal operations are interrupted due to physical loss or damage to the property. The Hanover American Insurance Company and the Hanover Insurance Group, Inc. sell such coverage, the complaint for this class action claims, but is  Read more

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Arch Insurance No Payout for Covid-19 Business Losses Class Action

This class action is another in a long line brought by businesses against insurance companies for their denial of payments for business losses related to Covid-19. In this case, the insurer is Arch Insurance Company, which has refused to pay for the losses of Legacy Gymnastics, LLC during pandemic closures.  Read more

Sign "Sorry We're Closed" on Restaurant Window