Saturday, August 9, 2014

Hamilton V. SunTrust Settlement over Force-Placed Insurance

Claim cash compensation from SunTrust Mortgage Force-Placed Insurance Class Action Settlement at HamiltonSettlement.com by submitting a claim form.

Forced placed insurance class action lawsuits are increasing day by day. In the past few months, lots of banks and financial firms including Bank of America, HSBC Holdings Plc, Citigroup and Wells Fargo have settled force-placed insurance lawsuits. Recently, SunTrust have agreed to settle a class action lawsuit over force-placed insurance (FPI). People who were charged for lender-placed insurance by SunTrust and/or its affiliates will receive monetary relief in the form of cash payments or credits as a part of the SunTrust mortgage force-placed insurance class action settlement.

SunTrust Force-Placed Insurance

Plaintiffs filed a lawsuit against the defendants (SunTrust and QBE) claiming that SunTrust along with QBE made them pay inflated premiums when their policies lapsed. The plaintiffs also alleged that the SunTrust obtained fees and commissions (kickbacks) from insurance company. SunTrust denies the allegations but end the class action lawsuit to avoid further expenses.

You are a class member, if you had mortgage loans serviced by SunTrust within U.S and were charged a premium for force-placed hazard, wind or flood insurance issued by QBE or a subsidiary/affiliate between April 1, 2008 and June 18, 2014. If you are a class member of SunTrust Mortgage force-placed insurance class action lawsuit, then submit a claim form to get cash compensation. Class Members will get about 10.5% of the net written premium charged.

The claim form can be obtained from the Claim Form page of the official website of the settlement or by calling 1-844-322-8218. The form can be submitted online at HamiltonSettlement.com or via mail to Hamilton v. SunTrust Settlement, c/o GCG P.O. Box 10090, Dublin, Ohio 43017-6690. The last date to submit the claim form is January 15, 2015.

Highlights of SunTrust Mortgage Force-Placed Insurance Class Action Settlement

Website of Settlement:hamiltonsettlement.com
Link to get claim form:hamiltonsettlement.com

Address to submit a claim form:
Hamilton v. SunTrust Settlement
c/o GCG
P.O. Box 10090
Dublin, Ohio 43017-6690

Claims must be postmarked by: January 15, 2015
Final hearing: October 17, 2014

Claims Administrator
Hamilton v. SunTrust Settlement
c/o GCG
P.O. Box 10090
Dublin, OH 43017-6690
1-844-322-8218

Class Counsel
Adam M. Moskowitz
Harley S. Tropin
KOZYAK, TROPIN, & THROCKMORTON, P.A.
Aaron S. Podhurst
Peter Prieto
PODHURST ORSECK, P.A.
Lance A. Harke
Howard M. Bushman, Esq.
HARKE CLASBY & BUSHMAN LLP

Defense Counsel
Mark J. Gottlieb
AKERMAN LLP
Robyn C. Quattrone
BUCKYSANDLER LLP

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