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Loya Insurance

New Mexico policyholders with underinsured motorist coverage through Loya or Young America Insurance may qualify for compensation from this $1.95 million settlement.

ClosedNew Mexico onlyClaim status: Closed on March 12, 2026Payout: VariesNo longer claimable

About this settlement

Compensation for policyholders affected by benefit offsets on underinsured motorist claims with Loya and Young America Insurance in New Mexico.

This settlement resolves claims that Loya Insurance and Young America Insurance improperly reduced or denied underinsured motorist benefits due to undisclosed third-party insurance offsets for New Mexico policyholders with UM/UIM coverage purchased between 2010 and 2022.

Who qualifies

  • Policyholders of Loya Insurance or Young America Insurance in New Mexico.
  • Purchased UM/UIM coverage between October 1, 2010 and February 28, 2022.
  • Filed underinsured motorist claims with reduced or denied benefits due to third-party insurance offsets.

Varies

Claim status: Closed on March 12, 2026

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