Description: Plaintiff claims that Pekin Insurance Company ("The Insurance Company") improperly deducted depreciation attributable to costs of labor and other nonmaterial items when adjusting some homeowners’ insurance claims in Ohio. The Insurance Company has maintained that it paid claims when reasonable and appropriate to do so and has denied all allegations.
ohio (5657) lawsuit (412) settlement (269) hawker v. pekin (3) hawker v. pekin insurance company (3) pekin insurance company (3) personal lines or commercial lines insurance policy (3) structural loss (3) nonmaterial depreciation (3) property depreciation (3)
A class action settlement involving certain Ohio homeowners’ insurance structural damage claims may provide payments to those who qualify.
Important Update: Please be advised that the Final Fairness Hearing was held on February 24, 2022, and the Court granted final approval of the Settlement on February 25, 2022 .
In the class action lawsuit, the Plaintiff claims that Pekin Insurance Company ("The Insurance Company") improperly deducted depreciation attributable to costs of labor and other nonmaterial items when adjusting some homeowners’ insurance claims in Ohio. The Insurance Company has maintained that it paid claims when reasonable and appropriate to do so and has denied all allegations that it acted wrongfully or unlawfully.