MetLife Sued For Stiffing Homeowners On Labor Costs

Law360, Chicago (January 16, 2014, 7:50 PM EST) -- Metropolitan Property and Casualty Insurance Co. allegedly shortchanged policyholders and ran afoul of Arkansas law by skimping on labor costs when paying out homeowners’ claims for property damage, according to a proposed class action removed to federal court Wednesday.

The suit, originally filed last month in an Arkansas court by Gary Vinson, alleges that the insurer — which does business as MetLife Auto & Home — routinely uses a flawed methodology that deducts depreciation on labor when calculating the actual cash value of claims brought under...
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