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BOWLES et al v. FAY SERVICING, LLC et al
Case Number:
2:16-cv-02714
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 15, 2016
Homeowners Can't Challenge Insurance Rates, Court Hears
American Modern Insurance Group Inc. urged a New Jersey federal judge Monday to dismiss a class action complaint alleging it conspired with a home mortgage servicer in a kickback scheme profiting from so-called force-placed hazard policies, arguing that homeowners can't challenge its rates because they have been approved by state regulators.
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May 13, 2016
Homeowners Blast Insurer Over Policy Kickback Scheme
An insurer was slapped with a class action complaint in New Jersey federal court Thursday for allegedly conspiring with a home mortgage servicer and a financial services company in a kickback scheme profiting from so-called force-placed insurance policies that impose artificially steep rates on homeowners.