In a recent class action lawsuit filed in the United States District Court for the Eastern District of Texas, plaintiff Ben Linyard accuses American Economy Insurance Company (AEIC) of failing to notify policyholders of significant rate increases, as required by Texas law. The complaint alleges that AEIC raised homeowners insurance premiums by more than 10% without providing the mandated notice, resulting in policyholders overpaying for coverage. Linyard claims his premiums increased by 117% over two years without proper notification. The suit seeks damages and injunctive relief on behalf of all affected Texas policyholders.
Source: 625cv00436_Ben_Linyard_v_American_Economy_Complaint_Eastern_District_of_Texas.pdf
