$3.57M Lloyd’s of London insurance price-fixing class action settlement
Who qualifies
The class action settlement benefits consumers who, between Jan. 1, 1997, and April 15, 2025, purchased or renewed a contract of insurance with Lloyd’s Syndicates 727, 1003, 2003, 2020 and 2791.
Where: Nationwide / see notice
Proof needed
Policy information, including the syndicate(s) that issued the contract(s), policy numbers, face amounts, annual premiums, effective dates and expiration dates
About this settlement
Lloyd’s agreed to pay $3.57 million as part of an ongoing class action settlement to resolve claims it violated federal racketeering laws by conspiring with other insurers to raise the price of insurance policies. The Lloyd’s of London settlement benefits individuals and entities who purchased or renewed an insurance contract with Lloyd’s syndicates 727, 1003, 2003, 2020 and 2791 between Jan. 1, 1997, and April 15, 2025. The settlement does not cover policies purchased from syndicate 2488. According to the class action lawsuit, Lloyd’s and other insurers conspired to raise the price of insura…
Details
- Case
- Lincoln Adventures LLC, et al. v. Those Certain Underwriters at Lloyd’s, et al. , Case No. 2:08-cv-00235-CCC-JSA, in the U.S. District Court for the District of New Jersey
- Administrator
- Syndicate Settlement c/o A.B. Data Ltd.
- Settlement fund
- $3.57M
- Seen on
- Discuss in
- Antitrust
Settlement Owl is a discovery tool, not a law firm or settlement administrator. Eligibility is decided solely by the official class definition — confirm every detail on the official settlement website before filing. Payout figures are estimates set by the settlement and may be reduced pro rata.