Gunthert v. Bankers Standard Insurance Company

United States District Court for the Middle District of Georgia

Case Number 5:16-CV-00021

If Your Georgia Home Was Insured By Bankers Standard Insurance Company and You Submitted A Claim For Fire, Water, Mold, or Foundation/Structural Damage That Occurred Between January 15, 2010 and May 1, 2018 You May be Eligible to Receive a Payment from a Class Action Settlement.


A Federal Court authorized this notice. This is not a solicitation from a lawyer.

  • Georgia policyholders have brought a class action lawsuit against Bankers Standard Insurance Company (“Bankers Standard”) alleging that Bankers Standard breached its homeowners’ policies with respect to covered homes in Georgia by not assessing for and, where found, paying diminished value when adjusting covered insurance claims involving water, mold, fire, or foundation/structural damage.
  • A proposed Settlement has been reached in this lawsuit.
  • You may be eligible to participate in the proposed Settlement, if it is finally approved, if you submitted to Bankers Standard a covered claim for certain kinds of damage to your home occurring between January 15, 2010 and May 1, 2018.
  • The Settlement will provide payments to those who qualify.
  • The purpose of this notice is to inform you of the Settlement and to explain important rights you may have as a result of the settlement of this class action. Please read this notice carefully. If you are a Settlement Class Member, your legal rights are affected whether you act or don’t act.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

DO NOTHING

Stay in this class action. Potentially receive a monetary award as described in the Settlement Agreement. Give up certain rights.

By doing nothing, you will be part of the Settlement Class as long as you meet the criteria set forth in the Settlement Agreement as explained herein, and you may potentially receive a payment described in the Settlement Agreement. But, you give up any rights to sue Bankers Standard separately about the same issues in this class action. If you believe you may be eligible for this Settlement and have not received a notice by US Mail, or the notice was sent to the wrong address, you'll need to contact the Administrator.

EXCLUDE YOURSELF
BY
JANUARY 19, 2019

Get out of this class action. Get no payment from it. Keep any rights you may have.

If you ask to be excluded, you will get no payment from the Settlement. But, you keep any rights you may have to sue Bankers Standard separately about the same issues in this class action.

OBJECT BY
JANUARY 19, 2019

Write to the Court about why you think the Settlement is unfair, inadequate, or unreasonable.

You must prepare and submit your objection in accordance with the instructions below, including the time limit.

GO TO A HEARING ON
MARCH 5, 2019

Ask to speak in Court about the fairness of the Settlement.

You must comply with the instructions below, including the deadline to file and serve a notice of appearance.


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