Case Details

Year Initiated/Committed

2004

Year Resolved

2016

Settlement Amount

$8 milliion

Court

Circuit Court, Hancock County, West Virginia

Docket Number

04-C-115

Lead State

WV

Participating States

WV

Defendant(s)

Wells Fargo Insurance Services of West Virginia, Inc., f/k/a
Acordia of West Virginia, Inc.; Wells Fargo Insurance Services USA, INC.f/k/a Acordia, Inc.

Case Description

In 2004, the State filed suit,claiming that certain insurance practices related to the placement of insurance policies violated the State of West Virginia’s Antitrust and Consumer Credit and Protection Acts. The Attorney General sought damages under the Antitrust Act on behalf of the State, its public agencies, counties, municipalities, and other political subdivisions, and as parens patriae of natural person who are citizens and residents of the State. Case was settled for $8 million to be distributed by WV AG’s office.