Insurance

Centennial Bank Force-Placed Insurance Settlement

Centennial Bank is spending a maximum of $730,000 to settle a class action alleging it engaged in illegal conduct relating to charges for force-placed insurance on real property in the US or its territories. The complaint alleged breach of contract, breach of the covenant of good faith and fair dealing, and unjust enrichment.  Read more

Permanent General Assurance Refunds of Unearned Premiums Settlement

Permanent General Assurance Corporation will pay former customers up to $2.7 million to settle a class action about unearned premiums. The complaint alleged the company breached its contracts and unjustly enriched itself by not providing refunds when customers voluntarily cancelled their auto insurance policies.  Read more

Progressive Direct “Projected Sold Adjustments” Idaho Class Action

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

SquareTrade Underpayment Settlement

SquareTrade, Inc. is settling a class action alleging it underpaid two groups of consumers who made claims under SquareTrade Protection Plans. In the case of the Fast Cash Subclass, the complaint claims SquareTrade made payments of the estimated replacement cost of the covered item that were less than they should have been; and that in  Read more

Chubb Discounts on Renewals of Insurance Policies Class Action

Chubb Ltd. is a Swiss insurance company that sells insurance in the US through its subsidiaries, including Federal Insurance Company. The complaint alleges that the two promise discounts on renewals of their homeowners and valuable articles insurance policies, do not deliver the promised discounts, and do not explain their calculations.  Read more

Unum Universal Life Policies COI Rate Increases Class Action

This class action concerns the monthly cost of insurance (COI) for group universal life or individual universal life insurance policies that are issued by Unum Life Insurance Company of America and administered by it or its agents. The complaint alleges that the cost of insurance charges for these policies is supposed to be based on  Read more

Root Insurance Company Sales Tax on Total Losses Missouri Settlement

Root Insurance Company is settling a class action alleging it breached its contracts in Missouri, by failing to pay sales tax on total losses. The complaint alleged that Root’s insurance policies required it to pay sales tax to Missouri insureds with total loss claims.  Read more

Root Insurance No Sales Tax on Payouts for Totaled Vehicles Texas Class Action

Root Insurance Company provides auto insurance with standard form insurance policies to customers in Texas. The complaint for this class action alleges that Root, in its payouts for totaled vehicles, does not include sales tax, which the complaint alleges violates its own Texas Sales Tax Form Policies.  Read more

Travelers Insurance No Inherent Diminution of Value Payout Class Action

One of the things offered by the Standard Fire Insurance Company, which does business as Travelers Insurance Company, is auto insurance. But this class action alleges that Travelers refuses to make payouts for third-party claimants after an accident for the vehicle’s inherent diminution in value (IDV).  Read more

Anthem, Empire Union Health Funds Hiding Claims Data, Says ERISA Class Action

The Employee Retirement Income Security Act (ERISA) also governs some health plans provided to employees or union members. In this case, two union self-funded health funds have sued Elevance, Inc., Anthem Health Plans, Inc., Anthem Blue Cross, Empire Blue Cross Blue Shield, and Empire Blue Cross (collectively called “Anthem” in the complaint), alleging that the  Read more