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November 13, 2018

FORCE-PLACED INSURANCE ISN'T DEAD.  IT ISN'T EVEN PAST.

Lender force-placed insurance practices are alive and well.  Cases decided in 2018 tell the tale.  See, e.g., Wieck v. CIT Bank, N.A., No. 16-00596 JMS-RLP, 2018 WL 5779485 (D. Haw. November 2, 2018), and Wieck v. CIT Group, Inc., 308 F. Supp. 3d 1093 (D. Haw. March 30, 2018) (case involves alleged lender force-placed insurance practices from November, 2016 as well as earlier dates); Iaffaldano v. Sunwest Mortgage Co., No. 2:17-CV-14222-ROSENBERG/HOPKINS, 2018 WL 310050 (S.D. Fla. January 4, 2018) (practices alleged as of August, 2014).

And as of today, no lender force-placed insurance case has been found that has ever gone to trial on LFPI claims.

Lender force-placed insurance practices aren't dead.  They aren't even past, to rephrase Mr. William Faulkner to match contemporary LFPI practices.

Please Read The Disclaimer.  ©2018 Dennis J. Wall.  All Rights Reserved.

Posted by on November 13, 2018 at 05:47 AM in Force Placed Insurance |

Tags: Florida, force placed, force placed insurance, Hawaii, insurance, lender, LFPI, practices, trial, William Faulkner

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