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De Paola Trading Profit Sharing Plan Distributions Class Action

De Paola Trading, Inc., a broker-dealer, offers a Profit Sharing Plan, an employee benefit plan to which the company contributes. De Paola and its president and CEO, Peter de Paola, are the defendants in this class action. The complaint claims they have breached their fiduciary duties to the plan and violated the Employee Retirement Income  Read more

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Amica Mutual Insurance Diminished Vehicle Value Washington Settlement

Amica Mutual Insurance Company and Amica Property and Casualty Insurance companies are settling a class action about its uninsured or underinsured motorist property damage (UMPD) payouts. When automobiles are in an accident that damages their bodies or structural systems, they cannot always be repaired to the condition they were in before the accident, causing them  Read more

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Delta Air Lines Retirement Plans Conversion Factors ERISA Class Action

This class action sues Delta Air Lines, Inc., the Administrative Committee of Delta Airlines, Inc., and three individuals on that committee for its calculation of joint and survivor annuity benefits for some of its retirement plans. The complaint claims that the benefits are not “actuarially equivalent,” as required by the Employee Retirement Income Security Act  Read more

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State Farm Mutual Auto Insurance “Typical Negotiation Adjustments” Arkansas Class Action

When a vehicle is deemed a total loss, the insurance company must determine the actual cash value (ACV) for the insurance payout. This is generally derived from the prices of comparable vehicles in the same area. But the complaint for this class action alleges that State Farm Automobile Insurance Company subtracts a substantial amount from  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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Progressive Direct ACV Reduced by Adjustment South Carolina Class Action

When a vehicle is deemed a total loss after an accident, Progressive Direct Insurance Company is supposed to pay the insured owner the vehicle’s actual cash value (ACV). But the complaint for this South Carolina class action alleges that Progressive unfairly applies something called a Projected Sold Adjustment to its valuations. This adjustment results in  Read more

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United, Data iSight “Arbitrary” Payments to Surgical Assists Texas Class Action

This Texas class action brings suit against United Healthcare Insurance Company and Multiplan, Inc., which does business as Data iSight (DIS), concerning the rates it pays for surgical assist services under plans governed by the Employee Retirement Income Security Act (ERISA). The complaint alleges that the companies make arbitrary and sometimes inadequate payments to surgical  Read more

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Mid-Century Insurance Total-Loss Payout Georgia TAVT Class Action

When a vehicle is totaled in an accident, what expenses required to replace it must the insurance company pay? The complaint for this class action alleges that Mid-Century Insurance Company does not include the motor vehicle title ad valorem tax (TAVT), which it says replaced Georgia’s mandatory vehicle sales tax on March 1, 2013.  Read more

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State Farm Mutual No Election of Lower Coverage Pennsylvania Class Action

When a new vehicle is added to an existing insurance policy, does the insurance company need to get a new election of lower uninsured or underinsured motorist (UIM) coverage than the state requires? The complaint for this class action says it does, and brings suit against State Farm Mutual Automobile Insurance Company for reducing coverage  Read more

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Unified Life Insurance Claims Underpayment Settlement

Unified Life Insurance Company is paying more than $10 million to settle a class action alleging it underpaid insureds’ claims under short-term medical insurance policies issued between 2014 and 2017. The complaint alleged that the underpayments occurred because of the use of Data iSight, and that the claims were below the level of payment required  Read more

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