1. May 13, 2013

    Wells Fargo, QBE Reach $19M Force-Placed Insurance Deal

    Wells Fargo Bank NA, QBE Specialty Insurance Co. and a class of Florida homeowners have reached a settlement over allegations the companies pushed overpriced property insurance and received kickbacks, agreeing to pay up to $19.25 million to class members, according to court documents filed Monday.

  2. July 25, 2012

    Wells Fargo Gets Forced-Placed Insurance Class Tweaked

    A Florida federal judge on Wednesday allowed only a slight change to a class of homeowners that alleges Wells Fargo Bank NA received kickbacks from QBE Specialty Insurance Co. for pushing overpriced property insurance, excluding homeowners who had legal judgments against them.

  3. May 11, 2012

    11th Circ. Denies Wells Fargo Appeal In Insurance Scheme Suit

    The Eleventh Circuit on Thursday denied Wells Fargo Bank NA’s petition to appeal a district court judge’s decision to grant class certification to homeowners accusing the bank of participating in a scheme to force mortgage holders to buy property insurance at inflated rates.

  4. February 23, 2012

    Class Certified In Wells Fargo Insurance Kickback Suit

    A Florida federal judge on Tuesday certified a class of homeowners in a suit alleging that Wells Fargo Bank NA received kickbacks from QBE Specialty Insurance Co. as part of a scheme to force mortgage holders to buy property insurance at inflated rates.

  5. October 14, 2011

    Judge Trims Insurance Kickback Action Against Wells Fargo

    A Florida federal judge on Friday pared a putative class action accusing Wells Fargo Bank NA of getting kickbacks from QBE Insurance Group Ltd. for forcing mortgage holders whose contracts required them to have insurance to buy overpriced homeowners' insurance when their policies lapsed.

  6. October 3, 2011

    Insurer Can't Dismiss Kickbacks Class Action

    A Florida federal judge refused Monday to dismiss a putative class action alleging QBE Specialty Insurance Co. paid kickbacks to Wells Fargo & Co. subsidiaries as part of an exclusive agreement that forced pricey homeowners insurance on mortgage holders when their prior policies lapsed.

  7. September 20, 2011

    Judge Trims Wells Fargo, QBE Policy Kickbacks Action

    A Florida federal judge on Monday trimmed a putative class action accusing Wells Fargo & Co. subsidiaries of forcing high-priced homeowners insurance on mortgage holders after policies lapsed and reaping kickbacks for that business from QBE Insurance Group Ltd.

  8. April 11, 2011

    Wells Fargo, QBE Face Suit Over Preset Policies

    Several Wells Fargo & Co. subsidiaries were hit with a proposed class action in Florida on Thursday alleging that the companies received kickbacks from QBE Insurance Group Ltd. for forcing mortgage owners to buy high-priced homeowner’s insurance after their policies lapsed.