What is This Class Action About?

Plaintiff alleged that GEICO Casualty Company (“Defendant”) breached its contracts (Automobile Insurance Policies) by failing to fully pay Plaintiff and other Louisiana insureds who submitted physical damage claims for their vehicles during the Class Period, and which resulted in a Total Loss Claim Payment. Specifically, Plaintiff alleges that Defendant failed to pay full Transfer Fees following a total loss. Defendant maintains that it complied with the terms of the Automobile Insurance Policies and applicable law and denies that it acted wrongfully or unlawfully and continue to deny all material allegations.

How Do I Know if I’m a Member of the Settlement Class?

You may be a member of the Settlement Class if you were a Louisiana policyholder and insured by GEICO Casualty Company or other affiliated GEICO insurers (together “GEICO”) and submitted a Covered Total Loss Claim during the time period of November 5, 2010 through November 30, 2023.

If you already received full Transfer Fees as part of your Total Loss Claim Payment, you are not part of the Settlement Class. If you received a Notice, GEICO’s records indicate you had a Total Loss claim and therefore may be a member of the Settlement Class.

What Does the Settlement Provide?

Upon Court approval, eligible Settlement Class Members who timely submit a valid Claim Form will be paid 80% of applicable Transfer Fees. The payment will be up to $82.00 (for total loss claims submitted between July 1, 2015 and November 30, 2023) or up to $42.00 (for total loss claims submitted between November 5, 2010 and June 30, 2015), less any Transfer Fees included in the original total loss claim payment and less each claimant’s proportional share of Class Counsel Fees and/or court-awarded costs.