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GNY Depreciation Settlement

Last verified September 18, 2026Source: atticusHow ClaimWatch verifies cases

This settlement is closed to new claims — the deadline was December 11, 2023. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Greater New York Mutual Insurance Company allegedly improperly deducted nonmaterial depreciation when adjusting certain insurance claims for structural damage in Illinois. The class action settlement addresses whether the insurer correctly handled these depreciation deductions on property insurance claims.

Do you qualify?

Those who had certain Illinois property insurance structural damage claims with Greater New York Mutual Insurance Company where the insurer deducted nonmaterial depreciation during the claims adjustment process.

How to file

Claim filing closed as of December 11, 2023. The only way to have received a payment was to timely submit a valid Claim Form. No new claims are being accepted.

Common questions

What is the claim deadline for the GNY Depreciation Settlement?
This settlement is closed to new claims — the deadline was December 11, 2023. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Is the GNY Depreciation Settlement notice real, or a scam?
Atticus Administration is the settlement administrator for this case. Claims are filed at gnydepreciationsettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the GNY Depreciation Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for October 26, 2023; no payments can be issued before a settlement receives final approval.

Who's involved

Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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