Geico Faces Class Action Over Auto Payments

Law360, New York (December 7, 2007, 12:00 AM EST) -- Geico General Insurance Co. and its subsidiaries are facing a class action for allegedly cheating customers out of full reimbursement for automobile repairs by paying reduced prices for replacement parts.

Palm Beach County, Fla. resident Dorothy Giniebra filed a lawsuit on Dec. 5 in the U.S. District Court for the Southern District of Florida against Geico, Geico Indemnity Co. and Geico Casualty Co., claiming that the companies have reduced the price of replacement parts by a certain percentage in violation of their auto insurance contracts....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.