LAWSUITS NEWS & LEGAL INFORMATION
Search Results for
Sort by date 2,477 pages found matching insurance- Approval Given for Two More Force-Placed Insurance Class-Action Settlements
Dec-6-14 Miami, FL Two more forced-place insurance lawsuits have been given final approval by the courts, putting an end to claims that mortgage lenders force-placed insurance with excessive costs on homeowners. Meanwhile, other financial institutions have announced that they’re getting out of force-placed insurance (also known as lender insurance). In... - Force-Placed Insurance Companies Could Face Government Lawsuit
Jul-23-14 Washington, DC In addition to force-placed insurance lawsuits filed by homeowners who allege illegal kickbacks have been involved in lender insurance, companies could face a lawsuit from the federal government. According to reports, the government may sue some mortgage servicers over force-placed insurance kickbacks that may have cost Fannie Mae and Fr... - California Unemployment Insurance Denial Lawsuit Information
Employees who have had their California unemployment insurance denied are eligible to file an appeal of the denial. Filing an appeal of an unemployment insurance denial , however, can be a complicated process that involves gathering supporting documentation, meeting important deadlines, and researching previous court decisions. An experienced California... - $20,000 a Month? Thanks, Forced-Placed Insurance…
Jun-30-13 Dade County, FL Imagine the pain, and the impossibility of a monthly cost to stay in your home, of $20,000. Per month . Such was the financial bleed reportedly felt by one plaintiff in the now-infamous Wells Fargo Force-placed insurance lawsuit , after forced-placed insurance fees drove monthly costs into the stratosphere. In reality, forced-placed i... - California Insurance: First-Party and ERISA Explained
Feb-27-13 San Francisco, CA Anyone with access to the news hears about denied disability insurance claims and allegations of bad faith insurance against insurance companies. Such is the case with California insurance claim denials, as well. And regardless of whether a person has first-party insurance or ERISA-covered insurance, there are ways of fighting back if... - $110M Citigroup Forced-Placed Insurance Class Action Settlement Reached
New York, NY: Citigroup will pay $110 million to settle a forced-place insurance class action lawsuit brought by a homeowner who alleged he was forced to pay expensive property insurance premiums. According to the terms of the settlement, class members who were charged for force-placed hazard insurance will receive 12.5 percent of the premium upon... - Another Forced-Placed Insurance Class Action in the Works
Aug-17-16 New York, NY: Yet another Lender insurance class action lawsuit could soon be in the pipeline with investigation into the machinations of Cenlar FSB, identified as a leading provider of mortgages and mortgage servicing suspected of participation in a ‘cozy’ relationship with a provider of lenders insurance. The allegation is that Assuran... - The Dark Side of Bad Faith Insurance
Jan-18-09 Washington, DC There was a time when only the foolhardy would be caught without insurance in force. And that pretty much holds true today. But you've got to wonder sometimes, with so many bad faith insurance stories out there. The examples are legion where people who have paid their premiums faithfully for years and finally have to make a claim, wind... - CIGNA Denied Disability Lawsuit News and Legal Information
Consumers who have CIGNA insurance may have been victims of CIGNA denied disability claims, in which CIGNA is accused of violating consumer protection laws. Recently, a regulatory settlement was announced with five states, settling claims that CIGNA' claims-handling procedures did not conform to required standards. CIGNA Insurance Cla... - Hartford Long-term Disability Lawsuit Information & Legal News
Lawsuits have been filed against The Hartford insurance company alleging policyholders had their claims unreasonably delayed or denied, breaching the insurance company' contract with its customers. Insurance companies such as The Hartford (sometimes called Hartford Life Insurance Company ) who are found to have delayed or denied legitimate claims... - Lincoln Financial Long-term Disability Lawsuit Information & Legal News
Lincoln Financial Group offers short and long term disability insurance policies to protect policyholders in the event that they are injured or fall ill and are unable to work. Some policyholders, however, have filed insurance lawsuits alleging they have been unfairly or unreasonably denied their claims. For example, they allege they have been denied b... - State Farm and other Auto Insurers: Sneaky Tactics
Mar-27-07 Los Angeles, CA: Even though Proposition 103 was passed by voters, many insurance companies such as State Farm , Safeco and Mercury still broke the law and overcharged people when they applied for auto insurance. However, thanks to litigation and non-profit organizations such as the Foundation for Taxpayer and Consumer Rights, consumers are getting the... - Lender Insurance Company Required to Lower Rates in Florida
Nov-2-13 Tallahassee, FL It’s not every day that a lender applies to a regulatory authority for a zero percent rate increase, and is turned down. However, while that scenario recently happened in the state of Florida, the apparent scrooge-like position of the regulator comes into focus given that we are talking about Lender insurance , a product foisted up... - California Insurance Regulations Mean Lawsuits Can Be Filed, Depending on the Circumstances
Sep-11-13 Anaheim, CA Having a California insurance claim denied can be frustrating enough, but for people who do not understand how insurance rules and regulations work, a denied disability claim can be just the start of the frustrations. That is because there are various rules and regulations that govern when a person can file a denied disability insurance law... - Amended Forced-Placed Insurance Class Action Going Forward
Apr-6-16 Miami, FL: A class action Force-placed insurance lawsuit that has been on the books for some time was recently amended, but is nonetheless going forward and alleges that defendants in the case fraudulently and improperly withdrew Lender insurance premiums from the accounts of mortgagees that grossly exceeded the true costs of the lenders insurance, or... - Wells Fargo Hit with Force-Placed Insurance Lawsuit
Aug-19-15 Stamford, CT Wells Fargo and Assurant face a force-placed insurance lawsuit alleging the financial firms artificially inflated force-placed insurance premiums charged to homeowners. The two companies are the latest in a line of financial institutions alleged to have charged excessively high rates for force-placed insurance - also called lender-place in... - Defendant Hit with Yet Another Force-Placed Insurance Lawsuit
Jun-4-15 Philadelphia, PA Less than a month after insurance giant Assurant Inc. and HSBC Bank settled a Lender insurance lawsuit for $1.8 million, a subsidiary of Assurant and PNC Bank were hit with another Force-placed insurance lawsuit alleging inflated premiums and kickbacks in violation of the Racketeer Influenced and Corrupt Organizations Act. The plain... - Insurance Law Reforms: Putting Pressure on State Farm
May-6-07 Sacramento, CA It has been one year since the State of California Insurance Commission began its push for major insurance industry reform, charging that auto insurers such as State Farm Auto Insurance have been enjoying burgeoning profits, thanks to lower pay-outs and higher premiums. While drivers are beginning to see the benefit of these reforms, St... - Bank of America, QBE Settle Forced-Placed Insurance Class Action for $228 Million
Apr-13-14 Miami, FL Even though they have agreed to settle a proposed class-action Lender insurance lawsuit for $228 million, co-defendant Bank of America nonetheless doesn’t think it did anything wrong, according to a statement released by a spokesperson when the settlement was revealed. And while the announced settlement did not clarify if the defendants... - Settlements Reached in Force-Placed Insurance Lawsuits
Feb-20-14 Miami, FL Settlements have reportedly been reached in a variety of force-placed insurance lawsuits , filed against financial firms such as HSBC and Bank of America Corp. Force-placed insurance lawsuits alleged that the firms had deals with insurance companies that resulted in overcharging the borrower for insurance. According to Bloomberg (2/14/14)...