STANFORTH v. FARMERS INSURANCE COMPANY OF ARIZONA, et al.
A Settlement has been reached in a class action involving Uninsured and Underinsured Motorist (“UM”) coverage on New Mexico automobile policies issued by, renewed by, or in effect with any of the following insurance companies between January 1, 1995 and November 1, 2013 (the "Class Period"):
Farmers Insurance Company of Arizona, Mid-Century Insurance Company,
Farmers Insurance Exchange, Truck Insurance Exchange,
Bristol West Insurance Company, 21st Century Advantage Insurance Company,
21st Century Assurance Company, 21st Century Casualty Company, 21st Century Centennial Insurance Company, 21st Century Insurance Company of the Southwest,
21st Century National Insurance Company, 21st Century North America Insurance Company,
21st Century Premier Insurance Company, Foremost Insurance Company Grand Rapids,
Michigan, Foremost Property & Casualty Insurance Company, Foremost Signature Insurance
Company, and Maryland Casualty Company
(Collectively these insurers are described as "Farmers")
OVERVIEW OF SETTLEMENT
The Lawsuit generally claims that Farmers’ UM selection or rejection forms in use during the Class Period were invalid as to the selection of UM Coverage in amounts less than liability coverage limits or the rejection of UM Coverage altogether. The Plaintiffs claim that Farmers’ insurance policies should be reformed to provide UM limits equal to the policy’s liability limits (referred to as “Equal Limits UM Coverage”) and that Farmers Insureds who have had automobile Accidents caused by Uninsured or Underinsured Drivers are entitled to have their claims adjusted (or readjusted) according to the reformed UM Coverage limits. Defendants deny all allegations of wrongdoing.
This Settlement establishes a process for certain individuals involved in Accidents during the Class Period that may have been caused, in whole or in part, by an Uninsured or Underinsured Driver, to submit claims and potentially receive a money payment. The Settlement also impacts certain individuals who have not had any Accidents by providing reformed UM limits.
You may have received notice of this Settlement by mail or publication. The mailed notice (the "Notice"), which is available on this website or by calling 1-888-227-0023, explains the Lawsuit, the Settlement, your legal rights, what benefits are available to you and how to get them, and who may be eligible. Please read the Notice carefully. In additional to the Notice, select one of the various options on the left of the screen for other information about the Settlement, including copies of the Settlement Agreement and Claim Form. Capitalized terms set forth herein are defined more fully in the Notice and in paragraphs 1-50 of the Settlement Agreement.