$2.65M Nationwide New Mexico Motorist UIM Settlement, Claim Up to $25,000 Before the Deadline
Nationwide Mutual Insurance Co. and its affiliated companies agreed to pay $2,650,000 to settle a class action lawsuit alleging they failed to properly inform New Mexico policyholders that underinsured motorist claims would be reduced by the amount paid by the at-fault driver’s insurer — an practice known as the “Schmick offset.” New Mexico residents who…
