Country Mutual Insurance Company, Petitioner v. Angela Sudholt, et al.
Case Number:
23-1024
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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May 16, 2024
Justices Dodge Class Action Queries In $3.5B Insurance Row
The U.S. Supreme Court left open the question of when class actions should be relegated to state courts by declining a mutual insurance company's appeal of claims that it failed to return $3.5 billion in profits back to policyholders.
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May 13, 2024
Justices Decline To Hear $3.5B Insurance Surplus Case
A proposed class action accusing an insurer of failing to return an over $3.5 billion surplus of underwriting profits back to policyholder members will be litigated in Illinois state court, the U.S. Supreme Court ruled Monday, denying the company's bid for certiorari.