Tag Archives: force-placed insurance
HSBC Denied Bid to Dismiss Class Action Lawsuit Over Force-Placed Insurance
As we previously explained in our May blog post, which covered the N.Y.S. Department of Financial Services Probe Into Force-Placed Insurance, in order to obtain a mortgage, lending banks usually require homeowners to maintain insurance on their property. If a … Continue reading
Tags: arbitration, billing fraud, class action, class action attorney, class action lawyers, consumer, consumer class action, consumer fraud, consumer protection act, consumer protection attorney, consumer protection laws, consumer protection lawyer, consumer protection rights, consumer protection rights attorney, consumer protection rights lawyer, deceptive advertising, force-placed insurance, HSBC, insurance, misleading advertising, misleading consumers, predatory lending lender liability
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Update: The New York Department of Financial Services Orders Force-Placed Insurers to Submit New Rates
We have an update to our May blog post regarding The New York State Department of Financial Services (“DFS”) probe into the “force-placed insurance” industry. After holding several days of public hearings the DFS determined that numerous insurers have been … Continue reading
Tags: American Modern Home Insurance Company, American Security Insurance, arbitration, Assurant, billing fraud, class action, class action attorney, class action lawyers, consumer, consumer class action, consumer fraud, consumer protection act, consumer protection attorney, consumer protection laws, consumer protection lawyer, consumer protection rights, consumer protection rights attorney, consumer protection rights lawyer, deceptive advertising, force-placed insurance, forced placed insurance, insurance, misleading advertising, misleading consumers, New York State Department of Financial Services, predatory lending lender liability, QBE Insurance Corporation
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N.Y.S. Department of Financial Services Expands Probe Into Force-Placed Insurance
In October 2011, The New York State Department of Financial Services (“DFS”), which supervises both the insurance and banking industry, commenced an investigation into “force-placed insurance.” That investigation has recently intensified with several days of public hearings. In order to … Continue reading
Tags: arbitration, billing fraud, class action, class action attorney, class action lawyers, consumer, consumer class action, consumer fraud, consumer protection act, consumer protection attorney, consumer protection laws, consumer protection lawyer, consumer protection rights, consumer protection rights attorney, consumer protection rights lawyer, deceptive advertising, force-placed insurance, insurance, misleading advertising, misleading consumers, predatory lending lender liability
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