Was Your Business' Insurance Loss History Updated?

November 4, 2013

Important Information

ClassAction.org is no longer reviewing claims for this case. The information here is for reference only. Up-to-date information and resources can be found here.

Comments |

At A Glance

This Alert Affects
Businesses who were sued and had their claim covered by their insurance company even though it was not their fault. Also, businesses that had an insurance claim involving damaged property that was kept by their insurance company and likely sold for salvage.
Damages
Potentially, businesses with these types of insurance claims may be entitled to monetary damages.
Company(ies)
All commercial insurers
Additional Details
Often insurers will sell salvaged property, or subrogate liability claims and win, and not update the loss history for an insured policyholder, so they over-pay for insurance for years.