Eldridge v. Provident Companies

On December 20, 1999, these parties were before the court on the motion of plaintiff insurance brokers, Stephen F. Eldridge (“Eldridge”) and Cheryl Eberting (“Eberting”), for class certification in their action against defendants, Provident Companies (“Provident”), The Paul Revere Corporation (“Paul Revere”) and others (collectively, “defendants”).

On January 1, 1995, Paul Revere had reduced the commissions theretofore paid to its brokers when policyholders exercised riders to increase their disability coverage (“rider commissions”). In their original complaint, plaintiffs allege that the…