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SHUB LAW MENTIONED IN LAW.COM ARTICLE ABOUT AUTO INSURANCE CLASS CLAIMS

A case undertaken – and settled – by Shub Law appeared in popular legal website Law.com on October 5, 2021.

The article, “Trendspotter: Boilerplate Policy Language Makes Auto Insurers Targets for Decades-Spanning Class Claims”, touches on new litigation in New Mexico cropping up concerning uninsured and underinsure motorist (“UI/UIM”) claims. The state’s highest court issued a ruling that the policies were “illusory”, as many individuals had purchased and paid the premiums for said benefits when they were likely to get nothing. Specifically, drivers in an accident with more than $25K in damages caused by an underinsured motorist were paying for this UI/UIM benefit on the pretense that they would receive benefits. Because of the lines drawn by case law and the New Mexico Legislature, they were not; the court ruled that the onus is on the insurance companies to make this clear to would-be policyholders.

In Pennsylvania, Shub Law and co-counsel have litigated cases on very similar grounds, as mentioned in the article:

“The case is reminiscent of several recent class actions filed in the U.S. District Court for the Eastern District of Pennsylvania over the so-called “household vehicle exclusion,” which was used by insurers for decades to bay stacked UM/IUM coverage until the Pennsylvania Supreme Court invalidated that practice in a 2019 decision.”

In one of these cases, Jonathan Shub is co-lead counsel. The case, Stockdale v. Allstate Fire & Casualty Insurance, is already delivering benefits to class members. As mentioned in the article, the case is in the settlement stages. Go to https://stockdale-uim.com/ for more details about the settlement.

You can read the article here.

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