On December 18, 2012, Quebec Superior Court approved an agreement between option consommateurs and four insurance companies affiliated with Intact for an out-of-court settlement of the consumer organization’s class action lawsuit regarding the January 1998 ice storm.
Under the agreement, the four insurance companies agree to pay a total of $ 12.5 million to settle the class action.
Policyholders covered under the agreement received their first payment in March 2013, in the amount of $50.92 for each home insurance policy.
This first payment was mailed to the address shown on your home insurance policy that was in effect in 1998.
Policyholders who have cashed their first cheque may receive a second payment in June 2014, in accordance with the agreement. More details will be provided on this later.
If you have moved since you received the first cheque or plan to do so in the near future, you need to send us your new address. Please fill out this change of address form by March 31, 2014.
You are eligible for this indemnity if you meet both of the following conditions:
1. In January 1998, you had a home insurance policy with one of these four insurance companies:
2. You lived at that time in one of the municipalities mentioned in the class action.
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