Lawyers in our firm’s Consumer Fraud Section currently represent Plaintiffs who have been cheated by JPMorgan Chase Bank’s (Chase) practice of force-placing flood insurance on borrowers with home equity lines of credit and home equity loans. Our lawyers have filed a class action against Chase and its preferred flood insurance vendor, American Security Insurance Company, which does business as “Assurant”. The suit alleges that Chase and Assurant engaged in a scheme to wrongfully force-place flood insurance, charge excessive premiums, pay and accept unlawful kickbacks, and force-place more insurance than necessary or required.
Claims under the Racketeer Influenced and Corrupt Organizations (RICO) Act, the Real Estate Settlement Procedures Act (RESPA), and the Truth in Lending Act (TILA), are alleged in the suit. Common law claims are also alleged. If any of our readers or a member of their families had a Chase Home Equity Loan or Home Equity Line of Credit, and flood insurance was force-placed by Chase prior to Jan. 1, 2010, and help is needed, contact Archie Grubb or Andrew Brashier, lawyers in our Consumer Fraud Section, at 800-898-2034 or by email at Archie.Grubb@beasleyallen.com or Andrew.Brashier@beasleyallen.com.
Contact us today for a free legal consultation with an experienced attorney.
Fields marked *may be required for submission.
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.