Force-placed insurance lawsuits against
• American Security
• Bank of America, Case No. 7:11-cv-07955 (S.D.
• Wells Fargo, Case No. 3:12-cv-04026 (N.D.
• HSBC, Case No. 2:12-cv-01542 (
• GMAC ()
Individuals who have been charged for force-placed insurance policies, including homeowners, hazard, flood and wind policies, should contact
A bank or mortgage servicer is legally entitled to force-place insurance on a homeowners’ property when a borrower has failed to maintain insurance as required by the terms of the mortgage contract. However, a recent investigation conducted by the
A new force-placed insurance action is now proceeding in federal court against
The new scrutiny being placed on the force-placed insurance market may provide an opportunity for homeowners victimized by questionable practices to pursue restitution. If you believe your lender engaged in unfair practices when imposing a force-placed insurance policy on your property, it is vital that you retain legal help now. The consumer protection lawyers at
Gilman Law LLP
Beachway Professional Center Tower
Read the full story at http://www.prweb.com/releases/2013/2/prweb10386155.htm
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