January 11, 2017
A Florida federal judge has granted final approval of more than $6.7 million in relief to more than 45,000 homeowners in a class action alleging that BB&T Bank and an Assurant Inc. unit ran a force-placed coverage scheme, according to documents filed Tuesday.
June 08, 2016
A proposed class of homeowners, BB&T Bank and an Assurant Inc. unit said Wednesday they are close to settling a Florida suit alleging the bank and insurer ran a force-placed coverage scheme and asked for a stay of the case so they can hammer out the details.
March 04, 2016
Homeowners accusing BB&T and an Assurant Inc. unit of engaging in a kickback scheme that caused them to pay inflated lender-placed insurance premiums told a Florida federal judge Friday that the companies' arguments for dismissal miss the point of their proposed class action.
November 02, 2015
Branch Banking & Trust Co. and an Assurant Inc. unit urged a Florida federal court Monday to toss a proposed class action over an alleged kickback scheme, saying the challenged insurance rates were government-approved and consumers were told lender-placed premiums would be more expensive.
September 01, 2015
Branch Banking & Trust Co. charged mortgage holders inflated premiums for force-placed insurance and took kickbacks from an Assurant Inc. unit in exchange for exclusively using their services, according to a putative class action filed Tuesday in Florida federal court by two homeowners.