Milligan v. GEICO General Insurance Compan
Case Number:
20-3726
Court:
Nature of Suit:
Companies
Sectors & Industries:
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February 14, 2022
2nd Circ. Reinstates Part Of Geico Underpayment Class Action
The Second Circuit partially rejuvenated a class action Monday accusing Geico General Insurance Co. of underpaying for total losses of certain vehicles, saying New York insurance law requires insurers to the look at the prices of new, comparable cars when calculating the replacement cost.
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February 03, 2022
2nd Circ. Unsure On 'Sticker Price' Role In Valuing Vehicles
A Second Circuit panel seemed wary about the role "sticker price" plays in determining the replacement cost of a vehicle while hearing oral arguments Thursday in a case alleging Geico underpays on certain vehicles deemed to be total losses.
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February 02, 2022
2nd Circ. Set To Tackle Geico Underpayment Accusations
The Second Circuit is poised to hear arguments Thursday on whether a New York federal judge properly scrapped a class action accusing Geico and its valuation report provider of underpaying claims for certain vehicles that were deemed total losses, in a case that could impact scores of policyholders.