Appeals court revives class-action suit against Nationstar for redundant flood insurance

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This page discusses the litigation process for flood insurance reform.BackgroundAfter Hurricane Sandy, 144,484 claims were filed by policyholders of the National Flood Insurance Program. Policyholders who were not satisfied with the National Flood Insurance Program payments they received after Hurricane Sandy had the option of filing a lawsuit in U.S. District Court.Litigation

A federal appeals court has revived a proposed class action accusing Wisconsin- based student loan servicer Great Lakes Educational Loan.

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A divided Supreme Court revived a class-action lawsuit alleging that Allstate Insurance routinely failed to pay interest on overdue insurance benefits.. High Court Revives Class-Action Lawsuit.

Force placed insurance lawsuits have claimed that lenders have been taking advantage of their customers when they force placing insurance, opting to buy exorbitantly priced coverage or force placing a policy, even when the property owner already had adequate insurance.

Judge fails to dismiss suit against CIT Bank, Financial Freedom and 3. a class action lawsuit over force-placed insurance policies for reverse.

Appeals court revives class action suit against Nationstar for redundant flood insurance A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations that it violated Florida law by charging homeowners for unnecessary flood insurance.

A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations that it violated Florida law by charging homeowners for.

According to a class action suit against the banking giant, customers are being subjected to a "bait-and-switch" approach, where they are informed at closing that they must meet certain flood insurance requirements, but are later forced to pay for additional and unnecessary flood insurance. The High Cost of Forced-Placed Flood Insurance

Read More >Live Well Financial’s abrupt closing leads to host of problems; HUD rejects plan to bring air conditioning to hundreds of San Antonio renters; CFPB details plan to reconsider and potentially eliminate existing rules; appeals court revives class-action suit against Nationstar for redundant flood insuranceHexbeam antenna.

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