Close Menu

Category Archives: Force-Placed Insurance

Force-Placed Insurance Claim Against BofA, BQE, Settled in Miami

By Jacobs Legal |

A settlement deal reached in a Miami federal court ended with Bank of American and QBE Insurance Company agreeing to pay nearly $230 million for their dual roles in a kickback scheme that involved inflating the cost of insurance that was forced on homeowners who had defaulted. Our Miami foreclosure lawyers know that these… Read More »

Facebook Twitter LinkedIn Google Plus

Florida Investigates Bank Ties to Force-Placed Insurance

By Jacobs Legal |

The force-placed insurance market has a tight lock on Florida, which as a disaster-prone state accounts for 40 percent of default home insurance in the country. However, state regulators are now conducting a review to determine whether the inflated rates charged to customers who default on their home insurance is in line with proper… Read More »

Facebook Twitter LinkedIn Google Plus

Miami Foreclosure Watch: Banks Pushing Homeowners Off Foreclosure Cliff

By Jacobs Legal |

Miami foreclosure attorneys for some time had shared frustration with underwater homeowners, struggling to dig their way out of debt and a Miami foreclosure, that lenders were utterly unhelpful in the process. They made it exceedingly difficult for these individuals, harmed by the collapse of the housing market (which was fueled by these same… Read More »

Facebook Twitter LinkedIn Google Plus

Miami Foreclosure Lawyers: Beware of Force-Placed Insurance Scam

By Jacobs Legal |

As if people battling a Miami foreclosure weren’t enduring enough, many are also forced to contend with force-placed insurance. Our Miami foreclosure attorneys are familiar with this shady practice, whereby banks and other lenders can impose their own, cherry-picked insurance policies for homeowners who lapse on their mortgage and insurance payments. This is legal,… Read More »

Facebook Twitter LinkedIn Google Plus
MileMark Media - Practice Growth Solutions

© 2018 Jacobs Legal, Trial Lawyers. All rights reserved.
This law firm website is managed by MileMark Media.

Contact Form Tab