On December 14, 2012, the Honorable Patricia A. McInerney of the Court of Common Pleas of Philadelphia, approved the settlement entered into on October 10, 2012 by the parties in the In re Harleysville Mutual litigation (No. 02137, November Term, 2011).
The settlement provides for a payment of $26 million to a class consisting of policyholders of Harleysville Mutual Insurance Company (“Harleysville Mutual”) in consideration for their release of claims arising out of the merger between Harleysville Mutual and Nationwide Mutual Insurance Company.
Click here to learn more about the case and download a copy of the stipulation of settlement.