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Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...
Recent court ruling upholds the $2.67 billion agreement, pending additional appeals.
The J.D. Power 2023 U.S. Property Claims Satisfaction Study highlights Erie, Amica and Nationwide as top picks with the highest claims satisfaction scores. Your insurance claim might be denied if ...
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Google is starting a payout for similar violations in its “Face Grouping” option — offering settlements of $200 to $400. Deadlines to file both of those claims have passed, but more may yet ...
[6] "It is the duty of the insurer to keep the insured informed of settlement offers." [7] "[A]n insurer potentially can be liable for unreasonably coercing an insured to contribute to a settlement fund." [8] An insurer may not "discriminate in its claims settlement practices based upon" certain protected classes. [9]
The total amount comprises $2 billion in civil charges under the False Claims Act and $1 billion in criminal charges related to its misbranding and lacking safety reports for its products Paxil ...
In October 2012, Nationwide agreed to pay $7.2 million to resolve a market conduct investigation by a multistate insurance regulator task force regarding its use of the Social Security Death Master File database for paying life insurance claims. Life insurance policies make it clear that it is up to the beneficiaries to notify the insurer.