April 24, 2015
A California federal judge on Thursday granted preliminary approval to a class action settlement between U.S. Bank NA, American Security Insurance Co. and plaintiffs who claim the bank charged homeowners lender-placed flood insurance rates inflated by kickbacks and policy backdating.
June 16, 2014
A California federal judge on Friday certified a class action brought against U.S. Bank NA for allegedly charging homeowners force-placed flood insurance rates that were inflated by improper kickbacks and policy backdating, also rejecting the bank's motion to dismiss for lack of subject matter jurisdiction.
March 24, 2014
A California magistrate judge on Friday preserved a putative class action accusing U.S. Bank NA of charging homeowners force-placed flood insurance rates that were inflated by improper kickbacks and policy backdating, ripping a "predatory" attempt to moot the case through settlement offers.