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Herrick et al v. JPMorgan Chase Bank, N.A. et al

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Case Number:

1:13-cv-21107

Court:

Florida Southern

Nature of Suit:

Contract: Other

Multi Party Litigation:

Class Action

Judge:

Federico A. Moreno

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Companies

Sectors & Industries:

  1. February 28, 2014

    $300M JPMorgan Force-Placed Deal Gets Judge's OK

    A Florida federal judge on Friday gave his final blessing to JP Morgan Chase NA and Assurant Inc.'s $300 million settlement of a class action accusing them of overcharging homeowners for force-placed policies to fund kickbacks, calling the deal a major success for plaintiffs.

  2. February 14, 2014

    Class Counsel In $300M Forced-Place Deal Push For Approval

    Attorneys for a class of homeowners suing JPMorgan Chase NA and Assurant Inc. over their forced-place insurance business, which was allegedly overpriced because of kickbacks between insurers and lenders, on Friday defended their $300 million settlement with the defendants and urged a Florida federal judge to approve it.

  3. February 05, 2014

    Chase Knocks Objections To $300M Force-Placed Settlement

    JPMorgan Chase NA urged a Florida federal court Tuesday to approve a $300 million class action settlement over allegations that it took kickbacks for referring customers to Assurant Inc.'s force-placed insurance business, suggesting that only the objectors' lawyers stood to benefit from fighting the deal.

  4. January 22, 2014

    Homeowners Fight $300M JPMorgan Forced-Place Deal

    Several members of a class of homeowners suing JPMorgan Chase NA and Assurant Inc. over their forced-place insurance business, which was allegedly overpriced due to kickbacks between insurers and lenders, on Tuesday objected to a $300 million settlement they say unfairly requires class members to submit claims forms.

  5. October 04, 2013

    JPMorgan's $300M Force-Placed Insurance Deal Gets OK

    A Florida federal judge granted preliminary approval Friday for a $300 million settlement between a class of homeowners and JPMorgan Chase NA and Assurant Inc. over their forced-place business insurance, which was allegedly over-priced due to kickbacks between insurers and lenders.

  6. October 01, 2013

    Calif. Group Can't Intervene In Fla. $300M Force-Placed Deal

    A Florida federal judge overseeing a $300 million settlement between a class of homeowners and JPMorgan Chase Bank NA and Assurant Inc. over their force-placed insurance business refused Tuesday to allow plaintiffs in a rival California case to intervene in the case.

  7. September 30, 2013

    Homeowners Defend $300M JPMorgan Force-Placed Deal

    A class of homeowners who scored a $300 million settlement with JPMorgan Chase Bank NA and Assurant Inc. over their force-placed insurance business urged a Florida federal judge Monday to keep plaintiffs in a rival California case from interfering with the deal, saying they had forfeited that right.

  8. September 26, 2013

    Calif. Classes Fight Chase's $300M Fla. Force-Placed Deal

    Homeowners disputing a force-placed hazard insurance arrangement between JPMorgan Chase Bank NA and Assurant Inc. in California multidistrict litigation said Thursday that a proposed $300 million settlement reached in Florida signs away their case for next to nothing and should be scuttled.

  9. September 10, 2013

    JPMorgan's $300M Forced-Placed Deal Sets Up Domino Effect

    JPMorgan Chase NA and Assurant Inc.'s $300 million settlement of a class action claiming they profited handsomely from high rates on forced-placed insurance policies will energize plaintiffs to pursue similar blockbuster deals at a time attorneys say force-placed actions are ripe for resolution.

  10. September 09, 2013

    JPMorgan To Pay $300M in Forced-Place Insurance Deal

    JPMorgan Chase NA agreed on Friday to pay more than $300 million to settle a putative force-placed insurance class action in Florida accusing the bank of overcharging homeowners it claims failed to maintain agreed-upon levels of coverage.

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