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The lawsuit even says that customer service representatives were paid for 38 hours and 45 minutes rather than 40 hours, which they argue violates the Fair Labor Standards Act, which requires ...
‘Car insurance is a scam’: Frustrated driver slams GEICO for 56% rate hike after she failed to read the ‘fine print’ on her policy Bethan Moorcraft April 13, 2024 at 2:58 AM
Atlanta man was left with 2 auto loans after his stolen car was found in Florida and Geico canceled his $35K settlement — here’s how he came out on top Joe Cortez October 1, 2024 at 6:51 AM
In May 2019, the California Court of Appeal for the Second District affirmed a US$1 million judgment for punitive damages in an insurance bad faith action against GEICO (specifically, bad faith refusal to settle). [29] This was in addition to an award of $313,000 in compensatory damages (which GEICO had not challenged on appeal). [29]
Toxic mold is a common cause of bad faith lawsuits, with about half of the 10,000 toxic mold cases in 2001 being filed against insurance companies on bad faith grounds. Before 2000 the claims were uncommon, with relatively low payouts. One notable lawsuit occurred when a Texas jury awarded $32 million (later reduced to $4 million).
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
Bad driving habits Most drivers who buy car insurance from GEICO are able to participate in DriveEasy, a safe-driving program that rewards or penalizes drivers based on their driving behavior.
Stephen Neuwirth, a lawyer representing Home Depot, said, “It’s so obvious Visa and MasterCard were prepared to make a large payment because of the scope of the releases being given. It’s all one quid pro quo and merchants like the Home Depot are being denied the chance to opt out of that quid pro quo and say this is a bad deal.” [9]