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Auto Insurance Specialists (AIS) Broker Fee Class Action Lawsuit Settlement E-mail
2 Votes
Saturday, 29 November 2008 09:17

We're sorry! This settlement is CLOSED!

No more submissions are allowed.

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Award (how much your claim may be worth): $30

Case(s): Porter v Auto Insurance Specialists Case No CGC-03-424538

Company(ies): Auto Insurance Specialists (AIS), Mercury Insurance Company, California Automobile Insurance Company

Website Link to access the Class Action Lawsuit Settlement and get YOUR Stake (NO online claim form. You MUST contact Class Counsel to be included if you didn't receive a notice in the mail): Settlement Information Website

Address of Class Counsel to request a claim form (calling their office to request to be included is the preferred method):

AIS Class Action
c/o Levy, Ram & Olson

639 Front Street

4th Floor

San Francisco, CA 94111

Phone Number to call for assistance if you didn't receive a notice: (866) 576-4999 and hit 0 for the Receptionist or 6 for the Office Staff (ask for Maria Lopez.) Let them know you never received a notice or claim form in the mail for the Porter v. Auto Insurance Specialists, JAMS Ref. No. 1100048278, case and want to be included in the settlement.

 

 

Details: The dispute in this case is whether or not it was legal for AIS to charge broker fees when they sold car insurance to consumers. The settlement is only refunding a portion of the broker fees (possibly all depending on how much you were charged.) All affected class members (those who purchased insurance from Auto Insurance Specialists in California) should have already received a notice in the mail. If you purchased automobile insurance from Auto Insurance Specialists and DIDN'T get the notice make sure to contact class counsel at the phone number listed above or you most likely won't receive a check for your portion of the settlement. They'll be able to take care of it for you. If they ask you to call 888-893-6447 for help tell them it's a prerecorded message which contains the exact same information that's found on the Settlement Information Website. It doesn't provide you a way to add yourself to the claim.

Those who received notice in the mail of the settlement are already included and don't need to submit a claim or do anything. The settlement administrator working this case received records from AIS of everyone who purchased insurance in California and will be sending out a check to everyone automatically. Estimated payment per claimant is $30

Purchased From: September 18, 1999 through October 31, 2008

Claims Accepted Until (YOU MUST SUBMIT YOUR CLAIM BY THIS DATE!): No individual claims accepted, you should have already received a notice letting you know of the settlement. If so, you'll get your check automatically. If you didn't, contact Class Counsel for assistance and to be included in the claim.

Class Action Lawsuit Settlement Amount(s): $25,000,000 minus $6,750,000 in Attorney Fees (estimated at 27% according to settlement documents) minus $30,000 in compensation to the three lead plaintiffs ($10,000 estimate per lead plaintiff based on settlement documents) minus administrative costs (advertising the notice, settlement administrator expenses, etc.)

TCA Staff Tidbit: We're fans of this settlement for one big reason. Class members are being paid out automatically. That's GREAT! If you received notice in the mail of the settlement just kick back and wait for your $30 check. If you didn't, make sure to contact Class Counsel and ask to be included. It's an easy $30 that you're entitled to, so why not get on the list?With gas prices getting lower that should cover a tank of gas. We're all for easy settlements and payment distribution here at Top Class Actions.

 

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LEGAL INFORMATION IS NOT LEGAL ADVICE
This site provides information about the law and class action lawsuit settlements designed to help users safely cope with their own legal needs. Legal information is NOT the same as legal advice - the application of law to an individual's specific circumstances. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. You should consider all postings or writings at TopClassActions.com by staff or others as personal opinion only and NOT the advice of a lawyer. Top Class Actions Legal Statement
 
©2008 Top Class Actions® LLC
 
 
 
Last Updated on Tuesday, 15 December 2009 14:11
 
Comments (3)
3 Friday, 10 April 2009 05:09
Robin
I received the check but I don't remember ever hearing about this lawsuit before. I was an AIS customer during the time they are talking about, but I didn't feel they ripped me off any more than every other car insurance company I have dealt with.
2 Wednesday, 08 April 2009 10:12
I received a check for received 34.72
1 Tuesday, 07 April 2009 22:39
Liz

In parentheses was, (YOU MUST CLAIM BY THIS DATE), but there was no specified date. It seems a bit odd coming from a legal information source, especially since all of us in this field are molded to pay attention to detail.

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