Green Labor Depreciation Settlement

Welcome to the Green Labor Depreciation Settlement Website


Checks were mailed on December 11, 2017 to eligible Class Members who submitted timely and valid claim forms. In accordance with the Settlement Agreement, all checks must have been cashed by March 12, 2018. All checks not cashed by that date are void and cannot be reissued.

If you are a resident of Arkansas who had a covered loss that occurred between April 11, 2009 through April 11, 2014, where the claim was paid at less than the limit of liability (accounting for deductible), and where American Modern made an ACV payment for Structural loss that included a deduction for Labor Depreciation, or would have made an ACV payment for Structural Loss but for the deduction of Labor Depreciation, you may have been entitled a claim settlement payment.

This website contains information regarding a Class Action lawsuit entitled Green, et al. v. American Modern Home Insurance Company, et al., Case No. 4:14-CV-04074-SOH. This lawsuit alleges that American Modern improperly deducted depreciation attributable to costs of labor when adjusting some homeowner’s insurance claims in Arkansas. American Modern has maintained that it paid claims when reasonable and appropriate to do so and has denied all allegations that it acted wrongfully or unlawfully.

The Court held a Final Approval Hearing on May 24, 2017 to consider the fairness, reasonableness, and adequacy of the Proposed Settlement and whether it should be finally approved by the Court.

On June 1, 2017, the Court approved the fairness, reasonableness, and adequacy of the Settlement and entered its Final Order and Judgement.

If you are a Class Member and you filed a valid and timely Claim Form, you may be entitled to receive 90% of the estimated labor depreciation that was withheld and not subsequently paid to you, plus 5% prejudgment interest on that amount, subject to some exclusions.

Please read the Notice in its entirety as it contains more information regarding the settlement.