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The theory of diminished value asserts that buyers choosing between two otherwise equal vehicles will select one that has not been previously damaged and repaired, even where the repairs to the other vehicle were first-rate. The parties have reached a tentative $1.725 million settlement in an action filed against Southern General Insurance Company on behalf all persons insured under an automobile insurance policy issued in Georgia by the company who made a claim for damage to their vehicle under their collision or comprehensive coverage for a loss that occurred between June 12, 1997, and February 13, 2002, or under their uninsured motorist coverage for a loss that occurred between June 12, 1999, and February 13, 2002. Though there is no claims deadline at this time, persons eligible to take part in the settlement who have not received a notification letter should act as soon as possible to alert the company of their eligibility.

Riders are peddled by insurance companies to provide extra coverage for specific events or circumstances. Ten related class actions have been filed against Southwestern Life Insurance Company on behalf of all U.S. purchasers of Southwestern Life policies that included child rider coverage. The actions allege that Southwestern Life breached its contracts with class members, committed fraud, and was negligent in its representations about the child riders that it sold.

A class-action lawsuit filed in federal court in Miami, Florida, alleges that cell phone insurance is being promoted in a “deceptive and outrageous” manner by cell phone equipment insurers. The lawsuit alleges replacement telephones are often cheap, used, or refurbished models which further decrease the value of the insurance and monthly premiums are misleading since they don't really insure the phone in the event of a loss.

The parties have reached a proposed $6,305,000 settlement in a class action against Coast National Insurance Company by former California automobile insurance policyholders who claim that Coast National wrongly canceled their policies for nonpayment of premiums. To recover under the settlement, class members must submit a claim form postmarked by September 15, 2003.

A class action lawsuit has been filed in the Northern District Court of Ohio against RR Donnelly (formerly Moore-Wallace North America, Inc.) for violations of the Employment Retirement Income Security Act (ERISA). ERISA is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans. Class members seek a determination that the Pension Plan was discontinued on or about December 31st, 2000 and terminated on June 4th, 2001 and that the members of the class are entitled to the surplus assets remaining in the pension fund after the satisfaction of all defined benefit Plan liabilities.

The parties have reached a nationwide $2.3+ million final settlement in an action filed against Imperial Premium Finance, Inc. and related entities on behalf of persons who financed an insurance policy with Imperial between June 7, 1996, and February 2, 2004. The action alleged that Imperial kept money returned by insurance companies that was actually intended for policyholders, in violation of state insurance law. Persons eligible to take part in the settlement should contact attorneys for the class as soon as possible.

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