News & Analysis as of

Auto Insurance Valuation

JUSTICENTER

Diminished Value Claims in California: Recovering Losses After a Car Accident

JUSTICENTER on

If your vehicle has been in a car accident, that damage will likely appear in vehicle history reports. Most buyers today use these reports, such as CarFax, to learn more about how the vehicle was used and maintained by...more

Robinson+Cole Class Actions Insider

Auto Insurance Total Loss Class Action: Ninth Circuit Affirms Denial of Class Certification

Numerous class action suits have been filed against auto insurers regarding the valuation of vehicles that are total losses. These cases typically allege that insurers are undervaluing vehicles in some common way or in...more

Cozen O'Connor

The Duty to Follow-up Part II: When The Underlying Litigation Changes

Cozen O'Connor on

Last month, we discussed the duty to follow-up in the context of an offer to settle made by a tort claimant and how neglect of that duty cost an insurer dearly by converting a claim that could have been settled for $25,000...more

Robinson & Cole LLP

Total Loss Valuations: Class Certified By Louisiana Federal Court

Robinson & Cole LLP on

Insurers or their vendors generally use software to perform valuations of vehicles for total losses on auto insurance claims. This software will typically use databases of recent sales or prices offered for comparable...more

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