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Claim that $16 Extra Premium on Renewal is Bad Faith Fails Peter Gottlieb claimed that the price he agreed to pay Amica Mutual Insurance Company to insure his home was $16 too high because it was based on an excessive coverage limit. Claiming as well that other Amica insureds paid too much to insure their homes, he filed this putative class action. After the district court dismissed part of Gottlieb\'s complaint for failure to state a claim and entered summary judgment he appealed. In Peter Gottlieb, individually and on behalf of all persons similarly situated v. Amica Mutual Insurance Company, No. 22-1074, United States Court of Appeals, First Circuit (December 30, 2022) disposed of the class action claims. FACTUAL BACKGROUND Gottlieb owns a home in Burlington, Massachusetts. In 2015, he purchased a homeowners insurance policy from Amica that covered him from March 10, 2015, through March 10, 2016. The coverage limit for replacing his house in the event of a loss was $311,000, for which Gottlieb paid a $730 premium. The policy also contained an endorsement providing additional coverage of up to 130% of the coverage limit if Gottlieb agreed to certain conditions, including that Amica could adjust the coverage limit and the premium "in accordance with" "property evaluations [Amica] make[s]" and "[a]ny increases in inflation." The policy contained no other language allowing Amica to increase coverage limits.
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