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Expert Analysis

Lender-Placed Insurance Actions Continue To Simmer

Law360, New York (February 3, 2015, 5:41 PM EST) -- Litigation and regulatory scrutiny surrounding lender-placed insurance ("LPI") practices, initiated in large part on the heels of the mortgage crisis, continues to simmer. While the largest LPI class actions have settled, litigation continues as objectors appeal the fairness of such settlements and new individual lawsuits are filed at the district court level. Similarly, state and federal regulators continue to keep a keen eye on LPI practices. This article surveys the current litigation and regulatory trends concerning LPI....

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