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Carrington Mortgage Services Force-Placed Insurance Settlement

Closed Settlement Statement: 
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Settlement Structure: 
Case Summary: 

Carrington Mortgage Services has agreed to settle a class action alleging that whenever the company required a borrower to have LPI (lender-placed insurance, also known as force-placed insurance) it received kickbacks or unauthorized benefits that raised the cost of the insurance.  The case concerns LPI issued by American Modern Insurance Group, Inc., American Modern Home Insurance Company, The Atlas Insurance Agency, Inc., Midwest Enterprises, Inc., American Family Home Insurance Company, American Modern Surplus Lines Insurance Company, American Western Home Insurance Company, American Southern Home Insurance Company, American Modern Insurance Company of Florida, Inc., American Modern Select Insurance Company, or American Modern Lloyds Insurance Company, or Southwest Business Corporation.

Docket Number: 
Class Period: 
Saturday, December 1, 2012 to Wednesday, August 9, 2017
Filing Deadline: 
Wednesday, March 28, 2018
Objection Deadline: 
Wednesday, December 13, 2017
Exclusion Deadline: 
Wednesday, December 13, 2017
Final Approval Hearing: 
Sunday, January 22, 2017
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