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North Carolinians May Qualify for Nationwide Mutual Insurance Settlement
Insurance Commissioner Wayne Goodwin wants North Carolinian homeowners to be aware of a class-action settlement with Nationwide Mutual Insurance Co. for which he estimates some 304,995 consumers across the state may qualify.
The settlement is between Nationwide Mutual Insurance Co. and affiliated companies and homeowner policyholders who say they were not paid enough for claims submitted from 1996 to March 20, 2009.
The lawsuit alleges Nationwide underpaid policyholders by not including general contractors’ overhead and profit when paying certain claims involving damage to a building or other structures.
