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A class action lawsuit settlement has been reached with 21st Century Insurance for allegedly overcharging its policyholders. If you purchased automobile insurance in California from 21st Century at any time between October 1, 1997 and before October 31, 2005, and paid increased premiums as defined under the lawsuit, you may be entitled to receive up to $115 from the class action settlement.
The 21st Century class action lawsuit accuses the insurance company of engaging in unfair business practices by applying surcharges to policyholders who did not have prior insurance. The class action claims that 21st Century had no right to use prior insurance as the basis to impose these charges, and as a result, some policyholders paid higher premiums for their auto insurance policies than they should have.
To be considered a class member of this lawsuit, you must have purchased auto insurance from 21st Century at any time between October 1, 1997 and before October 31, 2005, and paid increased premiums due to a lack of prior insurance involving the application of a Persistency Surcharge and/or Accident Verification Surcharge.
As part of the 21st Century class action settlement, you may be able to receive $12 in cash if you were charged a Persistency Surcharge only. If you were charged both the Persistency Surcharge and the Accident Verification Surcharge, you may be able to receive $115 in cash. 21st Century has the records to determine whether you are entitled to claim $12 or $115. You cannot receive both.
In order to receive money from the 21st Century settlement, you must submit a valid claim form postmarked by March 31, 2011. If you wish to object to or exclude yourself from the settlement, you must submit your request by January 21, 2011. The Final Fairness Hearing will be held February 14, 2011. Claim forms can be found at www.MacKayClassActionSettlement.com
For detailed information on how to submit a valid claim for the 21st Century Insurance Company Class Action Lawsuit Settlement and get up to $115 cash, check out our Open Settlements section.
Updated December 9th, 2010
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