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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

Cincinnati Insurance Bridge Logo

Society Insurance Improper Depreciation of Labor IL, TN, WI Class Action

When an insurance company calculates a payout for damage to an insured property, the calculation can be made in different ways. This class action takes issue with the calculations of Society Insurance, A Mutual Company, alleging that, in determining the actual cash value (ACV) of a loss, it improperly depreciates labor costs.  Read more

Society Insurance Sign and Building

Voestalpine Dust Settlement

This settlement resolves class actions against three companies—Voestalpine Texas, LLC, Voestalpine Texas Holding, LLC, and Voestalpine US Holding, LLC—about an escape of dust from a facility in Portland, Texas. The complaint alleges that the event began in August 2016 and did damage to both real and personal property in the area, causing nuisance or trespass.  Read more

Voestalpine Facility with Black Dust Covering Area

Frankenmuth “Replacement Cost Less Depreciation” Calculations Class Action

Frankenmuth Mutual Insurance Company offers policies for property insurance. When Frankenmuth calculates the actual cash value (ACV) of losses in certain states, it uses a “replacement cost less depreciation” method. The complaint for this class action alleges that Frankenmuth, in calculating payouts, improperly depreciates labor.  Read more

Frankenmuth Insurance Building

Homesite Insurance Midwest Payouts for Mold Remediation Pennsylvania Class Action

Homeowners’ insurance policies can cover many risks, which may include fire, flood, wind damage, and termite damage, among other things. This class action brings suit against Homesite Insurance Company of the Midwest for damage to a home under one of its insurance policies. The complaint alleges that Homesite is improperly withholding its payout for mold  Read more

Homesite Insurance Logo

Michigan Sewage Incident Settlement

This settlement resolves at least eleven cases about two sewage disposal system event that occurred on August 11, 2014 and August 28, 2017, against the County of Oakland and its water commissioner. The events occurred in areas of the cities of Berkley, Clawson, Ferndale, Hazel Park, Huntington Woods, Madison Heights, Oak Park, Pleasant Ridge, Royal  Read more

A Town Street in Oakland County, Michigan

Fire Victim Trust California Fire Loss and Damage Settlement

This is a different kind of settlement, involving a Fire Victim Trust to “evaluate, administer, process, and resolve eligible claims arising from the 2015 Butte Fire, 2017 North Bay Fires, and 2018 Camp Fire.” The Fire Victim Trust apparently has been assigned to handle claims against PG&E Corporation and/or Pacific Gas and Electric Corporation, alleging  Read more

Camp Fire Destroying Paradise, CA in 2018

Travelers Property Rot Damage Settlement

Travelers Home and Marine Insurance Company is settling a class action alleging it improperly applied a long-term seepage or leakage exclusion in some of its insurance policies when insureds claimed rot damage. The complaint alleged that Travelers should have paid the rot damage claims under a Rot Remediation Coverage.  Read more

Travelers Name with Red Umbrella Logo

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

Columbia Gas Explosion Settlement

This settlement resolves twelve combined class actions against NiSource, Inc. and Bay State Gas Co., which does business as Columbia Gas of Massachusetts for disruption and damage from an explosion and fire which took place on September 13, 2018. The complaints alleged that Columbia caused the explosion and is responsible for damage to real property  Read more

Figure with Flag from Columbia Insurance Group Logo