Class Actions and Class Certification

Insurance Industry Class Certification and Class Actions

Insurance Industry Class Certification and Class Actions

Property casualty insurers have faced policyholder class actions relating to coverage and claims settlement disputes, as well as class action lawsuits regarding labor rates from auto body repair shops. Life insurers have faced policyholder class actions regarding sales methods, asset management, disclosures, and contract pricing revisions covering life insurance, annuities, and long-term care policies. Health insurers have faced policyholder allegations of deceptive advertising, improper denial of coverage, and improper limitation of coverage, as well as health services provider allegations of improper claims handling and payment practices. The class certification stage typically involves questions of class definition, common impact, and formulaic approaches to damages. Class action litigation often involves issues of liability and damages.

NERA insurance experts combine deep industry knowledge with expertise in economics, finance, statistics, and accounting to address insurance-related class action litigation. In the class certification stage, many disputes require a thorough understanding of the insurance contracts and processes, and work with samples of policyholders or samples of claim files. NERA’s experts have experience in generating random samples, extracting information from claims files, and working with claims file data on class certification issues. In damages analyses, NERA has the capability to work with large data sets and combine data from different sources. Our experts have the quantitative skills to calculate damages for insurance products including complex financial products and, when needed, we have experience working with actuaries and other claims experts.

Name Title Location Phone Email
Lucy P. Allen Managing Director New York City +1 212 345 5913 lucy.allen@nera.com
Dr. Stephanie Plancich Director New York City +1 212 345 7719 stephanie.plancich@nera.com
Dr. Jordan Milev Associate Director New York City +1 212 345 5516 jordan.milev@nera.com
Robert Patton Associate Director Toronto
London
New York City
+1 416 868 7318
+44 20 7659 8620
+1 212 345 3269
robert.patton@nera.com
Mark L. Berenblut Affiliated Consultant Toronto
New York City
London
+1 416 868 7311
+1 917 475 0020
+44 20 3769 1096
mark.berenblut.affiliate@nera.com
Title Type Author
Snapshot of Recent Trends in Asbestos Litigation 2021 Update Mary Elizabeth C. Stern and Lucy P. Allen
Class Action Lawsuits: Opportunities to Apply Econometrics and Statistics Published Article Dr. Ling Ling Ang, Dr. Jordan Milev, and Dr. John Scalf
The Role of Punitive Damages in Asbestos Litigation Published Article Ignacio Franceschelli, Faten Sabry, and Sungi Lee
Recent Trends in Securities Class Action Litigation Janeen McIntosh and Svetlana Starykh
Trends in Canadian Securities Class Actions: 2020 Update Report Bradley A. Heys, Robert Patton, and Jielei Mao
Recent Trends in Securities Class Action Litigation: 2020 Full-Year Review Report Janeen McIntosh and Svetlana Starykh
Recent Trends in Securities Class Action Litigation: H1 2020 Update Report Janeen McIntosh and Svetlana Starykh
Hey Google: When Did People Stop Going to Work? White Paper By Dr. Faten Sabry, Linh Nguyen, and Aakash Bhalothia
Economic and Financial Analyses in Australian Securities Litigation in the Wake of TP... White Paper Dr. David Tabak and Dr. Will Taylor
Recent Trends in Securities Class Action Litigation: Q1 2020 Update White Paper Janeen McIntosh.and Svetlana Starykh