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 will receive a second payment, of approximately $20, between now and the end of summer 2014, in accordance with the agreement.
If you have moved since you received the first cheque or plan to do so in the near future, please provide us with your new address by sending an email to firstname.lastname@example.org.
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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