Friday, May 1, 2015

Fred Warlock V Loya Insurance Settlement over Policy Violation

Submit valid claim under Fred Loya Auto Insurance Class Action Settlement hassle free at WarlockInsuranceSettlement.com and get paid with your claim money.
Claim online at WarlockInsuranceSettlement.com

Loya Insurance Company & Fred Loya Insurance Agency Inc. sued for not explaining policyholder’s options properly in uninsured/underinsured motorist coverage (UM/UIM) rejection forms before selling them their Auto Insurance Policies. So if you were insured under Fred Loya insurance policies issued in New Mexico and signed a UM/UIM rejection form earlier than January 31, 2011 then you will be provided UM/UIM coverage in Fred Warlock V Loya Insurance Settlement. Before June 20, 2015, fill out and send in the attached Claim Form which is easily available at www.WarlockInsuranceSettlement. So submit your claim online and hands on your part of money.

Any policyholders, who insured under a Fred Loya auto insurance policy and had an automobile accident, are entitled to get benefits in Fred Loya Auto Insurance Class Action Settlement. The settlement is all about policy violation. Plaintiffs complained that there was not proper explanation of policyholder’s options in Fred Loya’s uninsured/underinsured motorist coverage (UM/UIM) rejection forms. Also, they failed to meet the requirements under New Mexico case law and so exaggerated policyholders should have their policies renewed to involve UM/UIM coverage equal to liability limits.

The Loya defendants refuse any wrongdoing however agreed to settle the insurance coverage class action lawsuit. Preliminarily, the Fred Loya settlement was approved on Dec. 29, 2014. Final fairness hearing of the case will be held on May 18, 2015, if successful, eligible class members will be provided with payments as per the amount of their medical expenses, lost wages, and/or property damage on submitting valid claims.

Fred Warlock V Loya Insurance Settlement Eligibility:

Anyone who was covered by an insurance policy issued by Fred Loya in New Mexico after Feb. 2, 2006 and signed a UM/UIM rejection form before Jan. 31, 2011, including those passengers who were in the car at the time of the accident.

Not eligible: Those policyholders who already settled a UM/UIM claim and signed a final release.

Potential rewards:

Eligible class members will be paid with 150% of the UM/UIM benefits for their medical expenses, lost wages, and/or property damage resulting from that accident with an uninsured or underinsured driver. For ex. you will get $7,500 in class action settlement if you entitled to receive $5,000 for medical expenses, lost wages and/or property damage covered by UM/UIM insurance in Fred Loya insurance policy.

Note: If medical expenses resulting from the auto accident were paid by any other entity like Medicare, Medicaid, a hospital, a health insurance company, or other auto insurance company, then they may have a medical claim or lien against you. As a result, your settlement payment may be delayed, reduced, or paid to the other entity.

Claim Form: Online form
Claim Form Deadline: June 20, 2015
Case Name : Warlock v. Loya Insurance Company, Case No. D-202-CV-2012-01260, in the Second Judicial District Court of New Mexico
Final Hearing : May 18, 2015
Settlement Website : www.WarlockInsuranceSettlement.com
Proof of Purchase : N/A.

Class Members may be asked to submit medical or employment information to check their eligibility for payment from the Fred Loya Insurance class action settlement.

Important documents: Case related documents

Claims Administrator
Fred Loya Settlement Administrator
P.O. Box 10117
Dublin, OH 43017-3117
1-855-382-6398
info@WarlockInsuranceSettlement.com

Class Counsel
Keith Scranton
FRANKLIN D. AZAR & ASSOCIATES PC

Defense Counsel
Casie Collingnon
BAKER & HOSTETLER LLP

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