LAWSUITS NEWS & LEGAL INFORMATION
Search Results for
Sort by date 2,574 pages found matching farmers insurance- Force-Placed Insurance Class Action Alleges Violations of Truth in Lending Act
Jan-5-16 Orlando, FL: A couple from Florida are not at all happy with their residential loan servicing company and the insurance company their Force-Placed Insurance Bank teamed up with to ram what they view as unnecessary and excessive insurance coverage down their collective throats. To that end, John C. Sekula and his wife, Jacqueline, have filed a class-act... - Tenative Farmers Insurance Verdict of $130 Million in Class Action Settlement
A class action suit brought by 76,000 people against Farmers Insurance Co, has received a tentative settlement verdict of $130 million. The suit had alleged that the insurer had failed to pay for general contractors, claimed breach of contract, bad faith and fraud. The average cost per person for unpaid bills and for fixing damaged homes was $575. ... - $3.45 Million Bad Faith Verdict Affirmed Against Indiana Insurance Co.
Feb-26-15 The Kentucky Court of Appeals affirmed a verdict against The Indiana Insurance Company for acting in bad faith during a drawn-out claims negotiation with the insured. James Demetre was a customer of Indiana Insurance since 2006. He insured multiple properties including his vehicle with Indiana for a total bundled policy of $2.5 million in liability cov... - Forced-Placed Insurance Lawsuits Close to Settling
Jan-9-15 New York, NY Two major players in the mortgage and insurance business are close to settling a putative Force-placed insurance lawsuit , after documents related to the class action and details of an ongoing settlement were filed with the courts this week. There are actually two Forced-Placed Insurance Lawsuits at play - one in New York and another bas... - Feds Hoping to Recover Hundreds of Millions in Forced Place Insurance Overpayments
Oct-7-14 Washington, DC The Federal Housing Finance Agency (FHFA) is considering a Force-placed insurance lawsuit against major banks and lenders alleged to have participated in kickback schemes since the housing bust of 2008, in an effort to recover what has been described as hundreds of millions of dollars in losses. There is little doubt that insurance is... - AIG Escapes Defense Bill in Force-Placed Insurance Litigation
Sep-20-14 New York, NY It may be a legal drop in the bucket, but a New York judge has ruled in QBE Americas Inc. et al. v. Ace American Insurance Co. et al., that American International Group Inc. (AIG) escapes from having to pay defense costs for individual and proposed Force-Placed insurance class action lawsuits against QBE Holdings Inc. as the AIG policy l... - More Settlements Announced in Force-Placed Insurance Lawsuits
Jun-13-14 Miami, FL The recent months have brought news of even more settlements in force-placed insurance lawsuits . In the past few months, various banks and financial firms have announced that they settled lawsuits involving lender insurance. Lawsuits filed against the banks and insurance companies alleged they were involved in an illegal kickback scheme to pl... - Pennsylvania Couple Had Their Fill of Force-Placed Insurance
Jan-4-14 Wilkes-Barre, PA When a prominent bank forced its ill-timed and allegedly inappropriate influence on a Pennsylvania couple, costing them extra lenders insurance premiums that the bank refused to refund, the affected residents promptly filed a Force-placed insurance lawsuit . According to Business Wire (11/14/13), the plaintiffs secured a home equit... - Burned-Out Widow Takes On Insurer in Force-Place Insurance Showdown
Dec-2-13 Atlanta, GA It was bad enough that the Alabama widow lost her home to a fire. However, things went from bad to worse after HSBC Finance Corp. and Assurant Inc. are alleged to have zoomed in with a Force-Place Insurance policy on what remained of her burned-out home. The woman filed a Force-placed insurance lawsuit, in an attempt to make it right. ... - Force-Placed Insurance Lawsuit Settled for $300 Million
Oct-11-13 New York, NY JPMorgan Chase & Co and Assurant have settled a lawsuit alleging the companies were involved in unethical dealings related to force-placed insurance . The force-placed insurance lawsuit alleged the companies forced borrowers into price-inflated property insurance and that the companies were involved in kickbacks that increased the price... - Appealing an Insurance Claim Denial
Dec-27-12 Los Angeles, CA If you have had an insurance claim denied because of bad faith insurance practices, regardless of how you purchased your insurance policy you may want to consider hiring an insurance lawyer to help you through the appeals process. That is because there are different rules governing insurance policies, and that rules that govern your pol... - Force-Placed Insurance Begat Huge Profits for Insurers: Hearings
Jun-7-12 Albany, NY On the surface it seems reasonable: a lender, for various reasons, deems it necessary to force-place additional insurance onto a homeowner in order to protect the investment. In some cases, a policy may have lapsed. However, it appears as if the incidence of forced-placed insurance terms is growing because it's more profitable for the insura... - Legal Malpractice: Not All Lawyers Are Ethical
Nov-25-10 Hutchinson, KS James was a long-haul trucker who drove hazardous materials, until some guy ran a stop sign and he was "crushed like a grape." James hired an attorney and filed a suit against the guy's insurance company. "They settled but he didn't have much insurance so we tried to collect the truck insurance of my employer," says James. But his attorney g... - Colorado Workers' Compensation Lawsuit News & Legal Information
Workers compensation is a type of insurance coverage that employers must provide for their employees. Except for some specific exclusions, all employers are required to provide workers compensation insurance coverage for their employees. Some workers may have been unreasonably denied their Colorado Workers Compensation Benefits or had to wait a long time for... - At AARP, Things Are Not As They Seem
Dec-23-08 Washington, DC Seniors are discovering that AARP insurance leaves a lot to be desired, with regard to limitations that may leave AARP health insurance clients with the need to pay thousands for medical procedures they mistakenly thought to be completely covered. The policies, underwritten by UnitedHealth Group insurance, carry the AARP endorsement. T... - Force-Placed Insurance Lawsuit Alleges Corruption
Nov-20-15 Miami, FL: A Force-placed insurance lawsuit appears to have all the mystery and intrigue of a novel, with allegations of money laundering and other claims against Homeward Residential Holdings Inc. (Homeward) and other defendants. Those defendants include but are not limited to QBE Insurance Corporation (QBE) and WL Ross & Co., a private equity... - New Jersey-based Force-Place Insurance Class Action Can Proceed
Oct-15-15 Newark, NJ According to court documents, plaintiff Robert DiGiacomo took on no fewer than four defendants in his class-action Force-placed insurance lawsuit . Those defendants include Statebridge Company LLC, American Modern, American Modern Insurance Group (AMIG), and Midwest Enterprises. Allegations include breach of contract, breach of implied covena... - Force Placed Insurance Defendant Attempts to Toss Lawsuit, Plaintiffs Have None of It
Jul-15-15 Minneapolis, MN As lawsuits go, most defendants will attempt to dismiss a case whether or not a dismissal is even meritorious to begin with. Such is the case with a Lender insurance lawsuit brought by various homeowners against US Bank and American Security Insurance Company (ASIC), a subsidiary of Assurant Inc. The plaintiffs, respectfully, hold that... - $212.5M Settlement Reached in Consumer Banking Fraud Lawsuit against First Tennessee
Santa Clara, CA: A $212.5M settlement has been reached ending a consumer banking fraud lawsuit brought by the US Attorney General an First Tennessee Bank NA, in which the federal government alleged the bank approved loans that failed to meet the government' requirements. The lawsuit also alleged violation of the False Claims Act. According to... - State Farm Car Insurance: California Overcharges
Mar-12-07 Los Angeles, CA: According to consumeraffairs.com, the consensus regarding State Farm Mutual Automobile Insurance Company is that it may be a good company, just as long as you never have an accident. And you don't live in California. State Farm has been charging an inappropriate insurance surcharge to its California policy holders from 1997 to 2002...