Three Massachusetts drivers have hit a dead end for the second time in their drive for court certification of class actions against two auto insurers over missing payments for the lost resale value of vehicles.
Superior Court Justice Kenneth Salinger last week denied an amended bid by three lead plaintiffs to represent the class of drivers who never received inherent diminished value (IDV) payments for their vehicles. The Massachusetts Supreme Judicial Court, in a ruling interpreting the 2008 standard auto policy, has defined IDV as the loss in market value to a vehicle due to the stigma of being in an accid