Aspen Claims Service

Auto Markets And Settlement Of First-Party Totaled Vehicle Claims

 Wednesday, August 3, 2022


Conflict over the settlement of totaled vehicle claims remains one of our most litigated issues of the day.

Typical allegations in the litigation include insurers’ failure to comply with laws dealing specifically with totaled vehicles, breach of contract, unfair claims practices, fraud, unjust enrichment, failure to provide proof that the various computer formulas used to determine a totaled vehicle’s value have been appropriately validated, and misuse of statistical methods.

The principal focus of this commentary is the regulatory standards for settling total losses and a comparison of how the market for settling total losses is distinguished from the automobile retail market.

A future commentary will describe some of the statistical problems that insurers face in using third-party vendor computer programs to value total losses.

Subrogating Automated Driving Systems And Autonomous Vehicle Failures

 Wednesday, December 22, 2021

 Matthiesen, Wickert & Lehrer, S.C.

Mandatory Auto Arbitration

 Friday, July 2, 2021

 Matthiesen, Wickert & Lehrer, S.C.

Understanding the Difference Between Total Loss and Salvage Vehicles

 Monday, May 3, 2021

 Matthiesen, Wickert & Lehrer, S.C.

Coronavirus Robocalls Prey on Consumer Fears

 Friday, March 13, 2020

When Is A Vehicle Considered Totaled?

 Thursday, February 27, 2020

 Matthiesen, Wickert & Lehrer, S.C.

Revolutionizing The Resolution Process

 Tuesday, April 30, 2019

 CLM Magazine