We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Bank of America Can't Shake Fla. Force-Placed Insurance Suit

Law360, New York (March 19, 2013, 5:57 PM EDT) -- A Florida federal judge on Monday refused to nix a proposed class action claiming Bank of America compels homeowners to carry unnecessary, exorbitant hazard insurance on their properties, saying the plaintiff has shown enough evidence that the force-placed insurance might have breached her mortgage agreement. 

U.S. District Court Judge Elizabeth Kovachevich disagreed with the bank's argument that Pamela Karp, who had taken out a 30-year mortgage from Bank of America in late May 2003, failed to identify which part of the mortgage agreement the bank allegedly...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.