C
Cincinnati Insurance
Cincinnati Insurance settled claims alleging wrongful depreciation deductions from actual cash value payments on structural loss insurance claims.
ClosedSelected statesClaim status: Closed on July 12, 2024Payout: VariesNo longer claimable
About this settlement
The case addresses improper depreciation deductions on insurance claims for structural property losses.
This settlement resolves claims that Cincinnati Insurance wrongfully deducted depreciation from actual cash value payments for covered structural losses on properties in multiple states during various periods between 2012 and 2022.
Who qualifies
- Policyholders with covered structural loss claims resulting in actual cash value payments in specified states.
- Claims filed during state-specific class periods between April 8, 2012 and May 31, 2022.
- Non-policyholders with claims in Missouri during the full class period.
- Policyholders of CGU in Missouri with claims from April 8, 2020 to May 31, 2022.
Varies
Claim status: Closed on July 12, 2024