October 30, 2014
A Florida federal judge on Wednesday gave the final nod to a $281 million settlement reached by Wells Fargo Bank NA and Assurant Inc. in a suit over their force-placed insurance practices, despite objections last week from homeowners worried about how much of the money would reach class members.
October 24, 2014
Disgruntled class members on Thursday challenged a purported $281 million settlement reached by Wells Fargo Bank NA and Assurant Inc. in a suit over their force-placed insurance practices, saying it is unclear how much of the money will actually reach affected homeowners.
March 05, 2014
Wells Fargo Bank NA and Assurant Inc. settled for an undisclosed amount a class action accusing the companies of overcharging homeowners for force-placed insurance in Florida federal court on Wednesday, agreeing to provide "significant monetary relief" to customers who had paid high premiums.
May 16, 2013
A Miami federal judge on Thursday refused to dismiss several putative class actions in Florida that claim a slew of major banks and insurance companies conspired to overcharge homeowners for force-placed insurance, also saying that the cases will move quickly.
April 19, 2013
Assurant Inc. sought Friday to dismantle four putative class actions in Florida claiming it conspired to overcharge homeowners for force-placed insurance, arguing that it had no involvement, while Citibank NA told a judge that one of those suits should be tossed because no contracts were breached.