A suit by 70 million car owners against the nation's insurance industry has quietly disappeared in the hands of the 11th U.S. Circuit Court of Appeals. A three-judge panel dismissed the case after deciding that the case fell within the protections of a 1945 federal law that banned antitrust cases concerning the "business of insurance." The suit claimed the companies conspired to provide policyholders with inferior repair parts that would not restore cars to their pre-crash condition.
Giant Suit Against Car Insurers Broadsided by 11th Circuit
November 30, 2004