California Says Insurers, Valuation Companies Conspire To ‘Lowball’ Vehicle Claims

(May 16, 2024, 9:35 AM EDT) -- OAKLAND, Calif. — A California district attorney on behalf of the state filed an amended complaint in state court against a group of insurance and valuation companies for allegedly violating California’s unfair competition law (UCL) and other laws for engaging in a criminal and civil conspiracy to “systematically and pervasively underpay claims” for totaled cars....